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. 18 January 2019. <https://www.yourdictionary.com/authorized-stock>.
authorized stock. (n.d.). Retrieved January 18th, 2019, from https://www.yourdictionary.com/authorized-stock
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