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 ?
Using the latest version of the Certify product, designers can expect shorter prototype development times and improved prototype performance due in part to enhancements to two of the tool's most powerful and unique partitioning features: Quick Partitioning Technology (QPT) and the Certify Pin Multiplexer (CPM).
We are committed to the industry and to supporting the DoD's efforts to certify those information assurance personnel who are critical to safeguarding the agency's networks and ensuring that mission-critical information gets to the right people at the right time," said Rolf Moulton, CISSP-ISSMP, president and CEO (interim) of (ISC)2.