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Shares authorized

• The number of shares of stock provided for in the Articles of Incorporation of a company. This figure is usually found in the capital accounts section of the Balance Sheet and is usually well in excess of the shares Issued and Outstanding. It can be increased by a vote of the shareholders.

 
 Embedded terms in definition
 Articles of incorporation
Balance sheet
Capital account
Capital
Shareholders
Shares
Stock
 
 Related Terms
 

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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Do not let yourselves be discouraged or embittered by the smallness of the success you are likely to achieve in trying to make life better. You certainly would not be able, in a single generation, to create an earthly paradise. Who could expect that? But, if you make life ever so little better, you will have done splendidly, and your lives will have been worthwhile. - Arnold Toynbee

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