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 ?
Until now, the CGC established and executed China's increasingly influential, national certification scheme for photovoltaic projects - the Golden Sun certification.
University of Phoenix sees Sun certification as extremely valuable, and we are honored to partner with Sun to help students get one step closer to their associate's or bachelor's degrees.
A recent white paper by IDC and sponsored by Sun confirms the impact that Sun certification has on the performance of IT teams.