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Definitions from WordNet

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:

• Stock Investment
• Corporate Governance
• Corporate Finance