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 ?
Driving into the United States on his way to bomb the Los Angeles Airport, he presented a Montreal birth certificate to prove Canadian citizenship.
CERTIFICATE OF MERIT: Cyanamid Crop Protection, Quarry Integrated Communications (Clean Sweep Herbicide)
In a letter, Defense Security Cooperation Certificate Program, 13 July 2000 (1-007835/00) (available in Defense Acquisition Deskbook), Lieutenant General Davison confirmed the implementation of the certificate program, and recommended that the certificates, to be signed by the Director, DSCA, be presented in an appropriate ceremony in the individual's home organization.
In these States, some administrative action is likely required before the States can accept the model certificate.
Members of the CA/Browser Forum have worked closely together in defining the guidelines and means of implementation for the Extended Validation (EV) SSL Certificate standard as a way of providing a heightened security for Internet transactions and creating a more intuitive method of displaying secure sites to Internet users.
Restaurants issuing gift certificates, either directly or through affiliates, must accept the certificate even if it's an older certificate with a posted expiration date, if that certificate was issued after January 1997.
With respect to any distribution date, the aggregate amount of principal and interest distributable to, and amount of principal and interest losses and interest shortfalls on, all of the exchangeable certificates in any exchangeable combination on such distribution date will be identical to the aggregate amount of principal and interest distributable to, and amount of principal and interest losses and interest shortfalls on, all of the exchangeable REMIC certificates in the related REMIC combination on such distribution date.
On each distribution date when exchangeable certificates are outstanding, principal distributions from the applicable related certificates are allocated to the related exchangeable certificates that are entitled to principal.
Chase Mortgage Finance Corporation, a special purpose corporation, deposited the loans in the trust which issued the certificates.
The classes of REMIC certificates and of exchangeable certificates that are outstanding on any date and the outstanding principal balances of these classes will depend upon the aggregate distributions of principal made to such classes, as well as any exchanges that have occurred on or prior to such date.
52,632,000 Class B asset-backed certificates at 'A+'.
The holder of the exchangeable REMIC certificates classes in any Exchangeable Combination may exchange all or part of each class of such exchangeable REMIC certificates for a proportionate interest in the related exchangeable certificates.

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