guarantee of signature

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Guarantee of Signature

A statement issued by a bank or other financial institution stating that the signature on an associated legal document is authentic. The guarantee of signature is attached to the main document, and is used to provide protection against risk of fraud. Some documents, notably statements of transfer of stocks or bonds, require a guarantee of signature to be valid.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

guarantee of signature

A certificate that verifies the authenticity of the signature of the registered owner of a bond or stock. The guarantee of signature is attached to the assignment of a bond or stock certificate.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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BANKING AND CREDIT NEWS-July 8, 2016-eSignature Group launches online platform with signature guarantees for securities transfers
eSignature Group, LLC has launched a secure online platform that allows shareholders to obtain a medallion signature guarantee for the transfer of securities, the company said.
The company said its eSignatureGuarantee's advanced identification verification technology replaces an otherwise time consuming process of obtaining a required signature guarantee by being a bank customer of a particular branch and travelling to obtain it.
M2 EQUITYBITES-July 8, 2016-eSignature Group launches online platform with signature guarantees for securities transfers
With FormPipe, users can electronically sign and encrypt virtually any document; the electronic signature guarantees that documents cannot be manipulated without detection, and the encryption renders documents' contents indecipherable to unauthorized (third) parties.
The final word on baseballs will come from an independent study being carried out at the University of Massachusetts in Lowell at the request of major league baseball Commissioner Bud Selig, whose stamped signature guarantees every ball.
Banks and bank holding companies also have long been authorized to issue signature guarantees to issuers of securities and their transfer agents in connection with the transfer of securities.(21) A bank issuing a signature guarantee warrants that the signature of the customer indorsing a certificated security or authorizing the transfer of an uncertificated security is authentic.
5, 1985; see also Acceptance of Signature Guarantees from Eligible Guarantor Institutions, Exchange Act Rel.