AUTHORIZED STOCK

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

The maximum number of shares authorized under the terms of a corporation's articles of incorporation

Synonyms:

authorized shares; authorized stock; capital stock

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("authorized stock" is a kind of...):

stock (the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity))

Credits

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