Kapitalsatz

Kapitalsatz is a German term that literally means capital proposition or capital rule and is used across several disciplines to denote a principle, convention, or axiom relating to capital. Because the expression has no single, fixed definition, its exact meaning depends on the field and the source.

In economics and finance, Kapitalsatz commonly points to capitalization concepts used to convert a stream of future income into a present value. In German-language texts the more established term for this idea is often Kapitalisierungsatz, but Kapitalsatz can appear as a synonym in some contexts. The idea underlies methods such as discounting future cash flows or capitalizing perpetuities to derive value from capital invested.

In corporate law and business practice, Kapitalsatz may refer to rules concerning capital structure or minimum capital for business entities—i.e., provisions that regulate how much capital must be provided when forming a company or issuing shares. The exact formulation varies by jurisdiction and statute.

In historical and theoretical writings, Kapitalsatz may be used to denote specific propositions about capital as a factor of production or as the basis of value, again with meanings that depend on the author and era.

See also: Kapital, Kapitalwert, Kapitalisierung, Satz (in mathematics).