authorized capital stock
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
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.
From Time Magazine Archive
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The authorized capital stock of the Junction Company was three millions, and that of the other company, two millions of dollars.
From Cleveland Past and Present Its Representative Men by Joblin, Maurice
The total of the shares is called the authorized capital stock.
From Business English A Practice Book by Buhlig, Rose
Their combined authorized capital stock was $637,325, of which amount more than two-thirds was subscribed by individuals, the State assuming the balance.
From History and Comprehensive Description of Loudoun County, Virginia by Head, James William
The authorized capital stock of United Grain Growers is five million dollars.
From Deep Furrows by Moorhouse, Hopkins