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.

Nearby words

  1. authority figure,
  2. authority file,
  3. authorization,
  4. authorize,
  5. authorized,
  6. authorized version,
  7. authors,
  8. authorship,
  9. autism,
  10. autism spectrum disorder

Origin of authorized capital

First recorded in 1910–15

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019