AUTHORIZATION OF STOCK Definition

Bookmark and Share

AUTHORIZATION OF STOCK is the provision in a corporate charter giving permission to issue stock.

Learn new Accounting Terms

COLLECTION PAPERS are those documents specified as necessary for payment to be made, such as the commercial invoice, certificate of inspection, and bill of lading.

ALLOCATE is to distribute according to a plan or set apart for a special purpose. Examples: a. spread a cost over two or more accounting periods; b. charge a cost or revenue to a number of departments, products, processes or activities on a rational basis.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.