Definition of authorized capital
: the amount of capital stock that a corporation is authorized to issue under the terms of its charter
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“Authorized capital.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/authorized%20capital. Accessed 14 May. 2021.
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Time Traveler for authorized capital
The first known use of authorized capital was in 1825
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