the aggregate par value or the total subscription price of all equity shares of a corporation authorized to be issued under its charter.
A company cannot commence business until 10% of its authorized capital has been subscribed and paid for.
Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 7 Various
The total of the shares is called the authorized capital stock.
Business English Rose Buhlig
The authorized capital stock of the Junction Company was three millions, and that of the other company, two millions of dollars.
Cleveland Past and Present Maurice Joblin
Ten millions of dollars was the authorized capital of the new board.
Lippincott’s Magazine of Popular Literature and Science, April, 1876. Various
- Authorized version
an English version of the Bible prepared in England under James I and published in 1611. Historical Examples I’ve often looked up the statistics and it’s the only Authorized Version. The Harvester Gene Stratton Porter There are two words which are translated as Mole in our Authorized Version of the Bible. Bible Animals; J. G. […]
to give or official power to; empower: to authorize an employee to sign purchase orders. to give for; formally sanction (an act or proceeding): Congress authorized the new tax on tobacco. to establish by or usage: an arrangement long authorized by etiquette books. to afford a ground for; warrant; justify. verb (transitive) to confer authority […]
a card game for two or more persons that is played with a 52-card pack, the object being to take the largest number of tricks consisting of four cards of the same denomination. a person who writes a novel, poem, essay, etc.; the composer of a literary work, as distinguished from a compiler, translator, editor, […]
Psychiatry. a pervasive developmental disorder of children, characterized by impaired communication, excessive rigidity, and emotional detachment: now considered one of the . a tendency to view life in terms of one’s own needs and desires. Contemporary Examples For these employees, autism Speaks spent $2,252,334 in 2012, according to tax filings. “Autism Speaks”- but Should Everyone […]