AUTHORIZED SHARES
(noun)Definitions
There is 1 meaning of the phrase
Authorized Shares.
Authorized Shares - as a noun
The maximum number of shares authorized under the terms of a corporation's articles of incorporation
Synonyms (Exact Relations)
authorized stockcapital stockExample Sentences
"The company issued 1 million authorized shares to its shareholders."
"The board of directors approved an increase in the number of authorized shares."
"The CFO presented a report on the utilization of authorized shares."
"The company has a total of 10 million authorized shares."
"Shareholders have the right to purchase authorized shares at a discounted price."
