Authorized Stock: Glossary Definition
Definition of Authorized Stock:
The total number of shares of common stock and preferred stock that a corporation is authorized to issue. This number is included in the articles of incorporation.
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Today’s Question — Saturday, February 4
Must my corporation’s name end in “Inc.”?
No, you can typically choose from “Inc.”, “Incorporated”, “Corp.”, “Corporation”, “Limited” and similar names and abbreviations to indicate to the public that the entity is a corporation. The law varies from state to state and should be considered when forming your corporation. However, corporations do typically need to use one of these words or abbreviations.
