Meaning of “authorized share capital” in the English Dictionary

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"authorized share capital" in Business English

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authorized share capitalnoun [ U ]

uk us also authorized capital, also UK authorised capital, also authorized shares, also authorized stock FINANCE

the largest number of shares that a company can offer for sale at a particular time:

Shareholders approved an increase of 32.6% in the bank's authorized share capital.

(Definition of “authorized share capital” from the Cambridge Business English Dictionary © Cambridge University Press)