what is mean by authorised capital
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Authorized share capital—also known as "authorized stock," "authorized shares," or "authorized capital stock"—refers to the maximum number of shares a company is legally allowed to issue or offer based on its corporate charter.
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Authorized share capital—also known as "authorized stock," "authorized shares," or "authorized capital stock"—refers to the maximum number of shares a company is legally allowed to issue or offer based on its corporate charter. ... A company's authorized share capital will not increase without shareholder approval.
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