Overissue

Overissue
Overissue refers to the issuance of shares of capital stock in excess of the number authorized by a corporation’s charter. Preventing overissue is the function of a corporation's registrar, usually a bank acting as an agent, which works closely with the transfer agent.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.