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LSDefine

Simple English definitions for legal terms

authorized stock

Read a random definition: controlled group

A quick definition of authorized stock:

Authorized stock refers to the total number of shares of stock that a corporation is allowed to issue under its charter or articles of incorporation, including both common stock and preferred stock. This means that the company has permission to sell a certain amount of shares to investors in order to raise capital. Shareholders who own authorized stock have the right to participate in the company's general management and to share in its net profits or earnings.

A more thorough explanation:

Authorized stock refers to the maximum number of shares of stock that a corporation is allowed to issue according to its charter or articles of incorporation. This includes both common stock and preferred stock.

For example, if a corporation's charter authorizes the issuance of 1,000,000 shares of stock, but only 500,000 shares have been issued and are outstanding, then the corporation still has 500,000 shares of authorized stock that it can issue in the future.

Authorized stock is important because it sets a limit on how much capital a corporation can raise through the sale of its shares. It also helps to protect investors by ensuring that the corporation does not issue more shares than it is authorized to, which could dilute the value of existing shares.

authorized shares | authorship

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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