authorized shares
The maximum number of shares of stock that a company can issue. This number is specified initially in the company's charter, but it can be changed with shareholder approval. Generally a much greater number of shares are authorized than required, to give the company flexibility to issue more stock as needed. also called authorized stock or shares authorized.
Related Terms on BusinessDictionary
Popular 'Stocks' Terms
Related Personal Finance Articles
Loading...
authorized shares in the news
Loading...
Enter your email address to get our free Term of the Day newsletter!
authorized shares is ...
... part of the Stocks and Investor Relations subjects.
Nearby Terms
Search volume for authorized shares
Get our content on your iGoogle page
RSS