NOUN | possession | authorized stock, authorized shares, capital stock | the maximum number of shares authorized under the terms of a corporation's articles of incorporation |
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Meaning | The maximum number of shares authorized under the terms of a corporation's articles of incorporation. | |
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Synonyms | authorized shares, capital stock | |
Broader | stock | The capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity) |
Spanish | capital social |
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