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authorized shares ThesaurusNoun | 1. | authorized shares - the maximum number of shares authorized under the terms of a corporation's articles of incorporationauthorized stock, capital stockstock - the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity); "he owns a controlling share of the company's stock" | EncyclopediaSeeAuthorized CapitalLegalSeeCapital StockAuthorized shares
Authorized sharesNumber of shares authorized for issuance by a firm's corporate charter.Authorized SharesThe maximum number of shares a company is allowed to issue. Generally, the company's charter specifies the number of authorized shares, but shareholders can increase or decrease it according to procedures listed in the charter. Typically, the number of authorized shares is larger than the required amount in order to give a company the greatest amount of flexibility. Authorized shares are also called authorized capital stock or simply authorized stock.AcronymsSeeA/Sauthorized shares Related to authorized shares: authorized capital, Outstanding shares, Issued sharesSynonyms for authorized sharesnoun the maximum number of shares authorized under the terms of a corporation's articles of incorporationSynonyms- authorized stock
- capital stock
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