Akademik

1. the maximum number of shares authorized under the terms of a corporation's articles of incorporation (Freq. 2)

2. the book value of the outstanding shares of a corporation

1. or capital : the outstanding shares of a joint-stock company considered as an aggregate

2. : capitalization 1d

3. : the ownership element of a corporation divided into shares and represented by certificates

1. the total stock authorized or issued by a corporation.

2. the book value of the outstanding shares of a corporation, including retained earnings and amounts paid in by stockholders.

[1890-95]

capital stock,

the capital used in carrying on a business. It is represented in shares.