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authorized capital
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noun
the aggregate par value or the total subscription price of all equity shares of a corporation authorized to be issued under its charter.
QUIZ
THINGAMABOB OR THINGUMMY: CAN YOU DISTINGUISH BETWEEN THE US AND UK TERMS IN THIS QUIZ?
Do you know the difference between everyday US and UK terminology? Test yourself with this quiz on words that differ across the Atlantic.
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In the UK, COTTON CANDY is more commonly known as…
Origin of authorized capital
First recorded in 1910–15
Words nearby authorized capital
authority figure, authority file, authorization, authorize, authorized, authorized capital, Authorized Version, authors, author's alteration, authorship, Auth. Ver.
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
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