capital stock

from The American Heritage® Dictionary of the English Language, 5th Edition.

• noun The total amount of stock authorized for issue by a corporation, including common and preferred stock.
• noun The total stated or par value of the permanently invested capital of a corporation.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• noun law, accounting The total amount of common and preferred stock (shares) that a company can issue.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

• noun the book value of the outstanding shares of a corporation
• noun the maximum number of shares authorized under the terms of a corporation's articles of incorporation