From Longman Business Dictionaryauthorized issueˌauthorized ˈissue (also authorised issue) British EnglishFINANCE the largest amount of capital a company is allowed to have in the form of sharesSYNAUTHORIZED CAPITAL, AUTHORIZED STOCKTo finance the expansion programme, the company doubled its authorised issue from 5 billion to 10 billion pesos. → issue
