单词 | authorized share capital |
释义 | authorized share capital authorized share capital(nominal share capital; nominal capital; registered capital) The maximum amount of share capital that may be issued by a company, as detailed in the company’s memorandum of association. There was formerly a statutory requirement for a company to specify its maximum authorized share capital; this was removed from late 2009 as part of the implementation of the Companies Act 2006. See alsoissued share capital. |
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