certification

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certification

  1. a means of recording the details of a transaction in SHARES involving noting on the TRANSFER DEED that the SHARE CERTIFICATE has been placed with the company or its representative. Certification is necessary where a seller is not selling all of his shareholding or where a block of shares are bought by more than one person to enable new share certificates to be issued which reflect the new ownership of the shares.
  2. a status granted by a manufacturer to a supplier which is able to demonstrate that it is able to achieve consistent QUALITY in the materials or components it supplies. The materials or components supplied by a certified supplier can be used directly by the manufacturer without the need for INSPECTION of these items. See QUALITY CONTROL.
References in periodicals archive ?
Study of the binding parameters with a chemically radiolabeled OSCP," Biochemistry, vol.
The OSCP set its sights on the Canadian Brotherhood of Railway Employee's annual convention meeting in Port Arthur in September 1918.
Contractor name : GROUPEMENT SOLIDAIRE ASCE (MANDATAIRE) / ORTOLANI / OSCP / CCE / SARL 2F (COTRAITANTS)