the aggregate par value or the total subscription price of all equity shares of a corporation authorized to be issued under its charter.
Capital vs. CapitolCapital and capitol are both commonly used in political contexts and are separated by just one letter, making them frustratingly easy to confuse. When it comes to these two terms, it’s important to note that one has a number of meanings while the other refers to a certain type of building. Capital has many definitions. It can mean “the wealth owned or employed in business …
Origin of authorized capital
First recorded in 1910–15
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019