certificate


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Certificate

A formal document used to record a fact and used as proof of the fact, such as stock certificates, that evidence ownership of stock in a corporation.

Certificate

A physical document that declares a fact and that may be used to prove said fact. One of the most common types of certificates is a stock certificate, which gives the person or company listed a portion of ownership in a publicly-traded company. Certificates often contain a great deal of information, such as what the certificate entails, whether that be ownership, a right attached to the ownership (such as a warrant), or something else entirely. Certificates of ownership also state the name of the owner; for example, a deed to a house contains the name of the owner(s). Certificates are vitally important, as one may use them in court to prove a fact alleged.

certificate

Evidence of ownership of a bond or shares of stock. A certificate contains detailed information relating to the issuer and the owner, including the issuer's name, particulars of the issue, the number of shares or the principal amount of the bonds, and the name and address of the owner. The back of a certificate may contain further details about the issue along with a provision for transferring ownership. Also called stock certificate. See also book-entry security.

certificate

a document signifying ownership of a FINANCIAL SECURITY (STOCK, SHARE etc.). In the UK such certificates are issued in the name of the person or company recorded in the company's register of SHAREHOLDERS as the owner of these shares, new certificates being issued to buyers when shares are sold. In countries like the USA where BEARER BONDS are used, stock certificates merely note the number of stocks or shares represented and do not include the name of the owner, the holder of the certificate being presumed to be the owner.

certificate

a document signifying ownership of a FINANCIAL SECURITY (STOCK, SHARE, etc.). In the UK, such certificates are issued in the name of the person or company recorded in the company's register of SHAREHOLDERS as the owner of these shares, new certificates being issued to buyers when shares are sold. In countries like the USA, where BEARER BONDS are used, stock certificates merely note the number of stocks or shares represented and do not include the name of the owners, the holder of the certificate being presumed to be the owner.

Certificate

The actual piece of paper that is evidence of ownership of stock in a corporation.
References in periodicals archive ?
Last November, a man applied for a passport in Philadelphia using a birth certificate issued by Hudson County, New Jersey.
CERTIFICATE OF MERIT: Royal Bank, Fieldstone Marketing & Communications (Invitation to Kohl seminar)
The National Defense Industrial Association (NDIA) has agreed to provide a free subscription to its magazine, National Defense, in addition to a copy of the annual National Defense Mega Directory, to serve as an award to all individuals who receive a certificate.
The certificates represent an ownership in a group of closed-end, fixed rate loans that are secured by second liens on one-to-four family residential properties.
326 billion classes A-1, A-2A, A-2B, A-2C, A-2D certificates 'AAA';
Fraud Prevented Through Secure Connections and Established Online Business Identities; Cybertrust Solution Extends Trust to Windows XP Users and Simplifies Multiple Certificate Fulfillment
Use it or lose it' is still good advice, even if your gift card or certificate is protected from expiration dates and fees," said Zettel.
McCormally said TEI was eager to increase the States' acceptance of the model certificate and, also, to work with the MTC in broadening the certificate.
When the certificates are in the weekly rate mode, the SBPA will provide for the payment of the purchase price of tendered certificates and is sized to cover the principal portion of the purchase price and 37 days of interest at the maximum rate of 12%, based upon a year of 365 days.
52,632,000 Class B asset-backed certificates at 'A+'.
Privately offered class B-4 certificates ($529,800) 'B'.
Holders of exchangeable certificates will be the beneficial owners of an interest in the REMIC certificates in the related REMIC combination and will receive a proportionate share, in the aggregate, of the distributions on those certificates.

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