unissued capital stock

unissued capital stock definition - business

unissued capital stock

Corporate capital stock that has been authorized but not yet issued. Management of a firm will often ask its stockholders to authorize many more shares of stock than are actually needed in order to provide flexibility for the issuance of more shares later without stockholders' approval.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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