noun
authorized capital
A financial term referring to the maximum amount of share capital that a company is authorized to issue under its articles of incorporation.
会社の授権資本は1億円に設定されている。
The company's authorized capital is set at 100 million yen.
資本金 refers to the actual amount of capital that has been issued and paid in, while 授権資本 is the maximum amount that can be issued.
A compound of 授権 (authorization) and 資本 (capital), likely a direct translation of the English term 'authorized capital'.