Definitions for "Authorised Capital"
Related Terms:
Authorised share capital, Issued capital, Authorized capital, Issued share capital, Share capital, Authorized shares, Uncalled capital, Ordinary shares, Shares, Common stocks, Issued shares, Stocks, Authorized stock, Stock, Common stock, Capital stock, Stockholder, Joint-stock company, Outstanding stock, Share, Stock dividend, Treasury stock, Shareholder, Ordinary share, Common shares, Majority shareholder, Bonus shares, Stock buyback, Treasury shares, Public limited company, Corporate action, Plc, Scrip issue, Equities, Stock company, Equity capital, Paid-up capital, Shareholders, Capitalisation issue, Rights issue, Private company, Closely held corporation, Common share, Unissued stock, Leveraged recapitalization, Closely held, Associated company, Public float, Equity financing, Restricted shares
also known as "Nominal Share Capital."
The maximum number of shares that can be issued under the firm's articles of incorporation. This can only be increased with the shareholder's approval.
The maximum number of shares a company can issue at the shares’ par price.
The amount of capital that a limited company is permitted to raised under its the Memorandum of Association. The authorised capital is not necessarily all issued.
The total amount of capital which a company, by its memorandum of association, is authorised to offer for subscription. See also, paid up capital.
This is the amount of share capital authorised to be issued to shareholders. Most companies have a higher authorised capital than issued capital, which allows them to issue more shares without having to go to the trouble of increasing the authorised capital.
The maximum equity capital a company can raise, which is mentioned in the Memorandum of Association and Articles of Association of the Company. However, share premium is excluded from the definition of authorized capital.
The nominal capital of a company which is authorised by the Memorandum of Association and on which stamp duty had been paid.
The highest amount of paid-up capital of a firm as agreed in the firm's Memorandum of Association.
The nominal amount of capital that a limited company is permitted to raise under the capital clause in its Memorandum of Association.
The amount of share capital which a company is permitted to issue. Also called nominal capital.
The total of the shares a limited company is permitted to issue to raise capital. The permitted limit will be stated in the Memorandum of Association, along with the number of shares and their nominal value.
Also referred to as Nominal Capital'. The sum initially recorded in the Memorandum of Association of a limited Company as being the amount which the Company is authorised to raise. The amount, however, can be increased by a 'Resolution' (see 'Share Capital').
The maximum amount of share capital that a public limited company or a private limited company can issue according to its articles of association. Part of the authorised capital can remain unissued.
The most shares a company can issue at the shares’ par value (face value) price.
The authorised capital of a company (sometimes referred to as the authorised share capital or the nominal capital, particularly in the United States) is the maximum amount of share capital that the company is authorised by its constitutional documents to issue to shareholders. Part of the authorised capital can (and frequently does) remain unissued.