authorized capital
noun
the aggregate par value or the total subscription price of all equity shares of a corporation authorized to be issued under its charter.
Origin of authorized capital
1First recorded in 1910–15
Words Nearby authorized capital
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use authorized capital in a sentence
A company cannot commence business until 10% of its authorized capital has been subscribed and paid for.
Ten millions of dollars was the authorized capital of the new board.
The total of the shares is called the authorized capital stock.
Business English | Rose BuhligThe authorized capital stock of the Junction Company was three millions, and that of the other company, two millions of dollars.
Cleveland Past and Present | Maurice Joblin
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