Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity. The following is a brief description of the material terms of the capital stock of Fulton Financial Corporation ("Fulton").A quick definition of capital stock: Capital stock refers to the total amount of common and preferred stock that a corporation is allowed to issue. Capital stock refers to the total number of shares of a company's stock that have been issued and are outstanding. Capital stock is the total quantity of capital used in the production of goods and services, including factories, buildings, equipment, tools, and machinery. Typically, the issued and outstanding shares of a company are its capital stock, which is a combination of common stock and preferred stock. Capital stock are equity holders in the company. Typically, the issued and outstanding shares of a company are its capital stock, which is a combination of common stock and preferred stock. The same can be found in the balance sheet in the "shareholder's equity column. This means that firms can still enjoy the lower tax rate associated with capital gains which may have otherwise been netted out against a capital loss.