authorized share capital UK US noun [U] (also authorized capital, also UK authorised capital, also authorized shares, also authorized stock) FINANCE
► the largest number of shares that a company can offer for sale at a particular time: »
Shareholders approved an increase of 32.6% in the bank's authorized share capital.
→ Compare CAPITAL STOCK(Cf. ↑capital stock), ISSUED CAPITAL(Cf. ↑issued capital), NOMINAL CAPITAL(Cf. ↑nominal capital), SHARE CAPITAL(Cf. ↑share capital), UNCALLED CAPITAL(Cf. ↑uncalled capital)
Financial and business terms. 2012.