authorized capital stock

China has an initial subscription of $29.78 billion in authorized capital stock in the AIIB, out of a total of $100 billion.

The total of the shares is called the authorized capital stock.

On Wednesday, the American Telephone and Telegraph Co. announced it planned to issue $351 million in debentures and increase its authorized capital stock from 25 million to 35 million shares.

The authorized capital stock of United Grain Growers is five million dollars.

Their combined authorized capital stock was $637,325, of which amount more than two-thirds was subscribed by individuals, the State assuming the balance.