Library / English Dictionary |
AUTHORIZED SHARES
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 shares" is a kind of...):
stock (the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity))