Under the Companies Act 1985 shares may be issued by the company to shareholders in return for cash or other value equal to or greater than its nominal value. Shares in the authorised share capital are available to be issued. The issued share capital refers to shares which have been allotted and issued and held by shareholders. Not all of the autho...
Found on
http://www.encyclo.co.uk/local/20456
The nominal value of the share capital of a company. It cannot issue shares to a greater value without a special resolution to increase it.
Found on
http://www.encyclo.co.uk/local/20912
The maximum number of shares that a company can issue, as specified in the firm`s articles of incorporation.
Found on
http://www.exchange-handbook.co.uk/index.cfm?section=glossary&first_letter=
The total number of shares a company is authorised to issue by reference to its memorandum and... <a target=_blank href='http://www.finance-glossary.com/terms/authorised-share-capital.htm?id=90&ginPtrCode=00000&PopupMode=false' title='Read full definition of authorised share capital'>more</a>
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http://www.finance-glossary.com/pages/home.htm
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