Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity. Capital allocation is the process of choosing the best use of an organization's resources and assets to increase shareholder profits.What is capital stock? The meaning of CAPITAL STOCK is the outstanding shares of a jointstock company considered as an aggregate. Paidup capital is a crucial concept in business finance. Capital stock is the total amount of shares a company is authorized to issue, while treasury stock is the number of shares a company holds in its treasury. Capital stock is the common stock and preferred stock that a company is allowed to issue according to its corporate charter. Phoenix Capital Group is a leading oil and gas mineral rights acquisition firm. We prioritize capital deployment and asset management. It's different from paid-up capital, which is the payment a shareholder has already made to a company for shares and stock.