authorized share capital
noun[U]
FINANCEukus(alsoauthorized capital);(also UKauthorised capital);(alsoauthorized shares);(alsoauthorized stock)thelargestnumberofsharesthat acompanycanofferforsaleat aparticulartime:
Shareholdersapprovedanincreaseof 32.6% in the bank'sauthorizedsharecapital.
See also
nominal capital
registered capital
Compare
capital stock
issued capital
nominal capital
share capital
uncalled capital