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 ?
Although a "standard form" of stock certificate does not exist, under New Hampshire and most states' laws, each stock certificate must contain the name of the company and that it is organized under New Hampshire law, the name of the person that it is issued to and the number and class of shares the certificate represents.
Although the lead time to obtain the stock certificates is up to eight weeks, One Share will ship a special gift notification for the holidays for only the cost of the delivery.
It is possible to protect the corporation against this type of fraud by requiring the shareholder whose stock certificate and lease are lost to provide a bond for the full value of the apartment to secure the corporation against any loss occasioned by issuing a replacement for the missing stock and lease.
The recipient gets the authentic registered stock certificate and becomes a real shareholder of the company entitled to declared dividends, annual reports, invitations to the shareholder meeting, and any other perks.
Investors in Merrill Lynch stock are urged to call if they have any questions about Merrill Lynch stock certificates.
Because QuickCert on-demand stock certificates are produced as needed, companies only pay for what they need, when they need it.
As a result of the printing error, all common stock certificates have a restrictive legend on the face of the certificates.
permitted it to refrain from issuing new stock certificates in the names of Winston Allen and Ruby Allen until outstanding debts on the 27 apartments had been settled.
Chemical Bank, the exchange agent, has informed us that those First Western shareholders who returned their election forms can expect to receive checks or AMFED stock certificates in November," Houston noted.
For those who hold CVB stock certificates, new stock certificates representing the 10% stock dividend will be mailed at the same time the cash dividend is distributed.
The exchange agent for the Merger, Society National Bank, Cleveland, Ohio, will issue the new EQS common stock certificates and cash in lieu of fractional shares upon receipt of EQI stock certificates.