stock power


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Related to stock power: Bond power

Stock power

A power of attorney form giving ownership of a security to another person, brokerage firm, bank, or lender after it has been sold or pledged to that party.

Stock Power

The ability to transfer stock, granted to someone other than the owner. For example, a stockholder may grant stock power to his/her broker. This allows the broker to make decisions regarding the stock without owning it. Stock power is most common when stock is pledged as collateral on a loan. It is a type of power of attorney. See also: Beneficial ownership, bond power.

stock power

A form, separate from a stock certificate, that can be used to transfer stock. A stock power is useful when an investor wishes to deliver an unsigned certificate in one envelope and the stock power form for transfer of the certificate in another envelope. Compare bond power.
References in periodicals archive ?
a) present the physical stock certificate (together with necessary stock powers (with signature medallion guaranteed)) to Continental at the following address: Continental Stock Transfer & Trust Company, 17 Battery Place, New York, NY 10004, Attn: Mark Zimkind, Tel.
For instance, the stock Power Mac 5400/180 with the Farallon 10/100 Ethernet card took an average of 2:04 minutes or 124 seconds to complete the transfer of an 18.
Record of beneficial holders of less than 100 total shares can initiate the sale of their stock to NBI by sending the certificate for their shares to the company at 1880 Industrial Circle, Suite F, Longmont, CO 80501, ATTN: Finance Department, with the certificate properly endorsed for transfer to NBI or with a properly executed stock power, with signature guaranteed.
Suite A, Longmont, CO 80501, ATTN: Finance Department, with the certificate properly endorsed for transfer to NBI or with a properly executed stock power, with signature guaranteed.
The transfer agent is already in possession of stock powers that assign the shares to Bergamo Acquisition Corp.
Claimsnet's obligation to close the transaction is subject, among other things, to TransCoastal's selling shareholders having completed and delivered to Claimsnet the Investment Letter in a form substantially similar to the form attached as Exhibit B to the Amended Agreement and having delivered their stock certificates for TransCoastal Shares and stock powers such that Claimsnet will acquire at Closing not less than 90% of TransCoastal Shares.
On the other hand, if the stock powers through the 40 level, it's clear for take off.
New York City time, today, Tuesday, July 17, 2007, their bank or broker must electronically transfer their shares to the DTC account of Continental Stock Transfer & Trust Company, Oakmont's stock transfer agent, and provide Continental Stock Transfer necessary stock powers, written instructions that they want to convert their shares into a pro rata share of the trust account and a written certificate addressed to Continental Stock Transfer.
New York City time, on Tuesday, July 17, 2007, their bank or broker must electronically transfer their shares to the DTC account of Continental Stock Transfer & Trust Company, Oakmont's stock transfer agent, and provide Continental Stock Transfer necessary stock powers, written instructions that they want to convert their shares into a pro rata share of the trust account and a written certificate addressed to Continental Stock Transfer.
Checks or donated stock certificates and related stock powers should be made out to "American Friends of Guinea" and may be sent to: