What is the meaning of AUTHORIZED CAPITAL STOCK?

AUTHORIZED CAPITAL STOCK is the maximum number of shares of common stock that can be issued under a company's Articles of Incorporation. Issued shares are normally less than the number of authorized shares.

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APABarry Goldsmith. (2010). authorized capital stock. Retrieved September 22, 2026, from http://smartdefine.org/authorized_capital_stock/definitions/1148089
ChicagoBarry Goldsmith. 2010. "authorized capital stock" http://smartdefine.org/authorized_capital_stock/definitions/1148089 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, authorized capital stock, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/authorized_capital_stock/definitions/1148089>.
MLABarry Goldsmith. "authorized capital stock" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/authorized_capital_stock/definitions/1148089>