authorized capital

American  

noun

1. the aggregate par value or the total subscription price of all equity shares of a corporation authorized to be issued under its charter.

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Etymology

Origin of authorized capital

First recorded in 1910–15

Example Sentences

The Justice Department is moving ahead, however, with some previously authorized capital cases and has not issued a blanket policy against new capital cases.

From Washington Post

Anthoni Salim, head of the Salim Group conglomerate in banking, telecommunications and instant noodles, had three companies registered in the British Virgin Islands, one with $50 million in authorized capital, according to the documents.

From Seattle Times

Delivery Hero’s registered share capital will be increased through a partial exercise of its existing authorized capital by an amount of 106,026 euros from 199,121,462 euros to 199,227,488 euros, the company said.

From Reuters

In response to the killing of Mireles, Illinois authorized capital punishment for the murder of community policing volunteers.

From Washington Post

E.ON will issue shares from authorized capital while RWE will make a cash payment to E.ON of 1.5 billion euros, E.ON said.

From Reuters