what is authorized capital
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The authorised capital of a company 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 remain unissued. The authorised capital can be changed with shareholders' approval.
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The authorised capital of a company 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 remain unissued. The authorised capital can be changed with shareholders' approval.
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