total amount of share capital with which a company has been registered in accordance with its memorandum of association. Part of the authorised capital may remain as "unissued"
the number of shares and, usually, the par or stated value of the capital stock that may be issued by a corporation under its article of incorporation
At least once a year, the amount of the capital subscribed, where the instrument of constitution or the statutes mention an authorized capital, unless any increase in the capital subscribed necessitates an amendment of the statutes ...