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 ?
New share certificates will be reissued by them as a priority and they have apologised for the error made.
Demat Dos Be ready for one or all of the following: More than one demat account if the share certificates are held jointly.
It is expected that the new share certificates will be available for
The terms and conditions of the Tender Offer provide that if the total number of the tendered share certificates, etc.
The first quotation of the new individual share certificates is planned for June 5, 1998.
Note: Please see Hitachi's news release on January 14, 2009 titled "Hitachi to Commence Tender Offer for Hitachi Koki Shares" relating to the conditions that it would not purchase the excess in whole or in part of tendered share certificates, etc.
To receive new share certificates representing the Agnico-Eagle shares, shareholders must send their Goldex common share certificates to Montreal Trust Company of Canada, as described in Goldex's management information circular dated Nov.
share certificates will be cancelled and new share certificates bearing the name Apex Resorts Corp.
Shareholders must contact their brokers and request a physical certificate to receive the new share certificates and the dividend.
Encor shareholders will be notified by mail of the procedure they should follow to exchange their Encor share certificates for Talisman share certificates.
Stockholders of record who hold share certificates will receive a letter of transmittal requesting that they surrender their old stock certificates for new stock certificates reflecting the adjusted number of shares as a result of the reverse stock split.