authorized share capital
noun [ U ]
FINANCE ukus(also authorized capital); (also UK authorised capital); (also authorized shares); (also authorized stock)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.
See also
nominal capital
registered capital
Compare
capital stock
issued capital
nominal capital
share capital
uncalled capital