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Authorized shares

• Are the number of shares that a corporation may issue. They represent the maximum shares that can be outstanding. See Issued Shares and Treasury Stock for related terms.

• Number of shares authorized for issuance by a firm's corporate charter.

• The number of shares of common stock that a firm's corporate charter allows without further shareholder approval.

 
 Embedded terms in definition
 Common stock
Corporate charter
Corporation
Issued shares
Issue
Shares authorized
Shares
Stock
Treasury stock
Without
 
 Related Terms
 

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