What is the meaning of Authorized Shares?

Authorized Shares are the shares described in the articles of incorporation which a corporation is permitted to issue. It is often advisable to authorize more shares than will be issued so that the company has a reserve for the future.

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APABarry Goldsmith. (2010). authorized shares. Retrieved September 29, 2026, from http://smartdefine.org/authorized_shares/definitions/1148090
ChicagoBarry Goldsmith. 2010. "authorized shares" http://smartdefine.org/authorized_shares/definitions/1148090 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, authorized shares, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/authorized_shares/definitions/1148090>.
MLABarry Goldsmith. "authorized shares" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/authorized_shares/definitions/1148090>
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