Authorized Shares

Business, Legal & Accounting Glossary

Definition: Authorized Shares


Authorized Shares


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.


Cite Term


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Page URL
https://payrollheaven.com/define/authorized-shares/
Modern Language Association (MLA):
Authorized Shares. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 08, 2021 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: December 08, 2021).
American Psychological Association (APA):
Authorized Shares. PayrollHeaven.com. Retrieved December 08, 2021
, 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.