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A former requirement of the now repealed section 2(5)(a) of the Companies Act 1985 under which, before 1 October 2009, a company with share capital was required to state in its memorandum the amount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.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Authorised Share Capital. Payroll & Accounting Heaven Ltd. September 27, 2021
Chicago Manual of Style (CMS):
Authorised Share Capital. Payroll & Accounting Heaven Ltd. (accessed: September 27, 2021).
American Psychological Association (APA):
Authorised Share Capital. Retrieved September 27, 2021, from website:

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.