define shares and registered share capital
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Share capital is the money a company raises by issuing common or preferred stock. The amount of share capital or equity financing a company has can change over time with additional public offerings.
the maximum amount of SHARE CAPITAL which a JOINT-STOCK COMPANY can issue at any time. This amount is authorized by the company's ARTICLES OF ASSOCIATION, is disclosed in the BALANCE SHEET and may be altered by SHAREHOLDERS at the company ANNUAL GENERAL MEETING.
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