Today's Market

updated 1 hour ago Sponsored by:
DOW 17,098.45 18.88 0.11%
S&P 500 2,003.37 6.63 0.33%
NASD 4,580.27 22.58 0.50%

Community: Investing Wiki

Term Of The Hour

authorized shares corporation: Original post by Christopher Carter of Demand Media An S corporation has the ability to issue shares of company stock as a way of expanding the business or paying off existing obligations. An S corporation cannot issue shares to foreign individuals, foreign businesses, other corporations, limited liability companies and partnerships. Only certain trusts and estates can be shareholders in an S…

Want to learn more or edit this definition?
Click here to read more!