authorised stock? | Forex Trading and Money Exchange

authorised stock?
Posted 31 May, 2009 by Ariana Davidson from New Bedford
my name is Ariana from New Bedford. I'm a deep-dyed newbie, and there was a term i didn't comprehend: what is authorised stock?
Currency Master Answers:
In the US, the total number of shares which a corporation may issue, in accordance with the limits stipulated in its articles of incorporation.'s an important topic to make out, Ariana. Authorised stock is In the US, the total number of shares which a corporation may issue, in accordance with the limits stipulated in its articles of incorporation.
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