Authorised Share Capital

Business, Legal & Accounting Glossary

Definition: Authorised Share Capital


Quick Summary of Authorised Share Capital


The total value of shares that the company could issue, as distinct from the up and paid up share capital.



Full Definition of Authorised Share Capital


A former requirement of the now repealed section 2(5)(a) of the Companies Act 1985 under which, before 1 October 2009, a company with share capital was required to state in its memorandum the amount of capital that the company was authorised by its shareholders to issue together with the number and nominal value of the shares into which it was divided.


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Authorised Share Capital. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 04, 2020 https://payrollheaven.com/define/authorised-share-capital/.
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Authorised Share Capital. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/authorised-share-capital/ (accessed: July 04, 2020).
American Psychological Association (APA):
Authorised Share Capital. PayrollHeaven.com. Retrieved July 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/authorised-share-capital/

Definition Sources


Definitions for Authorised Share Capital are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 10th August, 2019 | 25 Views.