authorized shares

Additional Fees: Corporations whose authorized capital exceeds the minimum shares without par value, or its equivalent.

额外费用: 如公司被获准可登记超过最低股本以上的无票面价值股票, 或等同数目,均需缴交此费用.

often, a company sells only a portion of the authorized shares to raise enough capital for its foreseeable needs.

经常，公司仅仅销售一部分被授权的份额就可以筹集到足够的所需资金。

8% preferred stock,$ 10 par value, call price$ 11 per share, authorized and issued 20 shares

8%优先股，面值10美元，赎回价每股11美元，核定并发行20股

the company may sell the remaining authorized shares in the future or use them for other purposes.

公司可以在未来销售剩余的被授权份额或用于其它目的。