authorized stock Synonyms
No Synonyms and anytonyms found
authorized stock Meaning
Wordnet
authorized stock (n)
the maximum number of shares authorized under the terms of a corporation's articles of incorporation
FAQs About the word authorized stock
the maximum number of shares authorized under the terms of a corporation's articles of incorporation
No synonyms found.
No antonyms found.
The company's authorized stock is 100 million shares, divided into two classes.
The company increased its authorized stock to 200 million shares to accommodate future growth.
The authorized stock represents the maximum number of shares a company can issue without shareholder approval.
The company's board of directors is responsible for authorizing new shares of stock.