English version

authorized stock

From Longman Business Dictionaryauthorized stockˌauthorized ˈstock (also authorised stock British English) [uncountable]FINANCE the largest amount of capital a company is allowed to have in the form of shares SYN AUTHORIZED CAPITAL, AUTHORIZED ISSUETo finance the expansion programme, the company doubled its authorised stock from 5 billion to 10 billion pesos. stock
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