stock power


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Related to stock power: Bond power

Stock power

A power of attorney form giving ownership of a security to another person, brokerage firm, bank, or lender after it has been sold or pledged to that party.

Stock Power

The ability to transfer stock, granted to someone other than the owner. For example, a stockholder may grant stock power to his/her broker. This allows the broker to make decisions regarding the stock without owning it. Stock power is most common when stock is pledged as collateral on a loan. It is a type of power of attorney. See also: Beneficial ownership, bond power.

stock power

A form, separate from a stock certificate, that can be used to transfer stock. A stock power is useful when an investor wishes to deliver an unsigned certificate in one envelope and the stock power form for transfer of the certificate in another envelope. Compare bond power.
References in periodicals archive ?
"All stock power transmission belts manufactured by members of the RMA will maintain their flexibility to a temperature of -32[degrees]F (-36[degrees]C).
- 1 piece power system 400 kVA including Zu-/Abluftanlage, tank system, exhaust system,- 1 piece low voltage main distribution AV,- 1 piece low voltage main distribution SV,- 1 piece line system,- 1 piece dismantling and disposal of the stock power system including ancillary facilities,- 1 piece dismantling and disposal of inventory LVMD-AV,- 1 piece dismantling and disposal of inventory LVMD-SV.
The successful operation of a maiden battery-powered commuter service on a specifically-modified Bombardier 25kV 50Hz ac class 379 Electrostar EMU on 12th of this month has added a new feather into a British project intended for assessing the performance of a rolling stock powered by battery.