The total number of shares the corporate charter permits the corporation to issue is called

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The total number of shares the corporation is authorized to issue is called authorized stock, which is specified in the corporate charter. Outstanding stock refers to the number of shares that have been issued and are currently held by shareholders. Issued stock refers to the number of shares that have been issued by the corporation. Common stock refers to the type of stock that represents ownership in the corporation and gives shareholders voting rights.

The Total Number of Shares the Corporate Charter Permits the Corporation