Question

what do you mean by authorized capital​

Answer 1

The authorized capital of a company is the maximum amount of share capital that the company is authorized by its constitutional documents to issue to shareholders. Part of the authorized capital can remain unissued. The authorized capital can be changed with shareholders' approval.

Answer 2

Answer:

• The authorized capital of a company ( sometimes referred to as the authorized share capital, registered capital or normal capital, particularly in th United state ) is the maximum amount of share capital that the company is authorized by its constitution documents to issue (allocate) to shareholders...

i hope this helps you

thank you!!!