maximum number of shares of stock that a corporation is allowed to issue. If
corporate management wants to exceed that limit, typically they have to obtain
approval from shareholders in order to issue more shares.
"authorized stock." YourDictionary, n.d. Web. 12 October 2018. <http://www.yourdictionary.com/authorized-stock>.
authorized stock. (n.d.). Retrieved October 12th, 2018, from http://www.yourdictionary.com/authorized-stock
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