Stock certificate

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Stock certificate

A document representing the number of shares of a corporation owned by a shareholder.

Stock Certificate

A physical document that gives the person or company listed a portion of ownership in a publicly-traded company. Stock certificates often contain a great deal of information, such as the owner's name, a right attached to the ownership (such as a warrant), or something else entirely. Stock certificates are vitally important as one may use them in court to prove a fact alleged.

stock certificate

Stock certificate.

A stock certificate is a paper document that represents ownership shares in a corporation.

In the past, when you bought stock, you got a certificate that listed your name as owner, and showed the number of shares and other relevant information. When you sold the stock, you endorsed the certificate and sent it to your broker.

Stock certificates have been phased out, however, and replaced by electronic records. That means you don't have to safeguard the certificates, and can sell shares by giving an order over the phone or online.

The chief objection that's been raised to the new system is largely nostalgic and aesthetic, since the certificates, with their finely engraved borders and images, are distinctive and often beautiful.

References in periodicals archive ?
A stock certificate has important legal significance Generally speaking, it can be endorsed and transferred from one person to another.
In addition, unlike traditional stock certificates, QuickCert on-demand stock certificates are a standard letter-size format so they can be easily handled by automated processing and mailing equipment and can fit in a standard-size envelope.
In addition to the potential long-term value, having their own stock certificate might entice children to track their company's performance and learn about the ups and downs of the stock market.
The case involved the following facts: an apartment was purchased in 1985, and at the closing, the stock certificate and proprietary lease were taken by the bank as collateral for the loan it made to the purchaser.
This exchange will be a ten-for-one with the stipulations that (a) the old stock certificates will be null and void beginning January 1st, 2012; and (b) physical exchange of the old stock certificates must be made exclusively by and through the Company's transfer agent, Guardian Registrar & Transfer, Inc.
Letters to Tengasco shareholders will include instructions on how to exchange their present stock certificates for new ones.
As a result of the reverse stock split, stock certificates may be exchanged on the basis of one share of par value $0.
For those who hold CVB stock certificates, new stock certificates representing the 10% stock dividend will be mailed at the same time the cash dividend is distributed.
Stockholders should exchange their Horseshoe stock certificates for Stella Bella stock certificates.
Chemical Bank, the exchange agent, has informed us that those First Western shareholders who returned their election forms can expect to receive checks or AMFED stock certificates in November," Houston noted.
ViewItem& category=28267&item=230078510411) stock and hundreds of other Wall Street memorabilia stock certificates will be auctioned.