authorized shares

Definition
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.




authorized shares is ...
... part of the
Stocks and Investor Relations subjects.


authorized shares appears in the definitions of these other terms on BusinessDictionary.com

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