authorized capital

noun

: the amount of capital stock that a corporation is authorized to issue under the terms of its charter

Word History

First Known Use

1825, in the meaning defined above

Time Traveler
The first known use of authorized capital was in 1825

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Dictionary Entries Near authorized capital

Cite this Entry

“Authorized capital.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/authorized%20capital. Accessed 16 Dec. 2024.

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