noun
authorized capital; authorised capital
A financial term referring to the maximum amount of share capital that a company is legally permitted to issue. Used in corporate and legal contexts.
会社の公称資本は1億円に設定されている。
The company's authorized capital is set at 100 million yen.
Compound of 公称 (kōshō, 'publicly stated' or 'nominal') and 資本 (shihon, 'capital'). The term is a direct translation of the English legal concept 'authorized capital'.