Authorized Shares

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Definition: Authorized Shares

Authorized Shares
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Full Definition of Authorized Shares

The maximum number of shares of stock that a company can issue. This number is specified initially in the company’s charter, but it can be changed with shareholder approval. Generally a much greater number of shares are authorized than required, to give the company flexibility to issue more stock as needed. also called authorized stock or shares authorized.

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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
https://payrollheaven.com/define/authorized-shares/
Modern Language Association (MLA):
Authorized Shares. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/authorized-shares/.
Chicago Manual of Style (CMS):
Authorized Shares. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/authorized-shares/ (accessed: April 19, 2024).
American Psychological Association (APA):
Authorized Shares. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/authorized-shares/

Definition Sources

Definitions for Authorized Shares 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: 20th November, 2021 | 0 Views.