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authorized stock
 

Definitions from WordNet

Noun authorized stock has 1 sense
  1. authorized shares, authorized stock, capital stock - the maximum number of shares authorized under the terms of a corporation's articles of incorporation
    --1 is a kind of stock

Definitions from the Web

Authorized Stock

Definition: Authorized stock refers to the maximum number of shares that a corporation is legally allowed to issue to the public or to its shareholders.

Senses/Usages:

  1. Part of speech: Noun
    Sense: The total number of shares that a corporation is authorized to issue.
    Sample sentence: The company's authorized stock is set at 100 million shares.
  2. Part of speech: Adjective
    Sense: Referring to a stock or share that has been authorized by the corporation.
    Sample sentence: Only holders of authorized stock are eligible to attend the annual shareholders' meeting.
  3. Part of speech: Verb
    Sense: Granting official permission or approval to issue stock.
    Sample sentence: The board of directors authorized the stock issuance to raise capital for expansion.

Related products:

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