Shmoop Finance

Make Moolah, Not War

Word of the day: Unissued Stock

Finance: What is Authorized Stock?

It's stock sitting in the kitty, authorized to be issued...but not.

The board authorizes shares of stock to then be issued and granted to employees, or sold to the public, in one form or another. But if the shares aren't authorized, then they more or less don't exist.

So, um, take 'em out to play.

* Coming soon...ish