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authorized capital
noun
the aggregate par value or the total subscription price of all equity shares of a corporation authorized to be issued under its charter.
Origin:
1910–15
1910–15
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source
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Authorized capital
is always a great word to know.
So is ninnyhammer. Does it mean:
| a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes. |
| a fool or simpleton; ninny. |
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