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 classic literature ?
All this has given place to the simple plan of an indefinite extension among the neglected classes of both races of the Hampton-Tuskegee system of training.
But you wouldn't have had us if you hadn't broken your training rules.
Besides, when ye talk of taking me to France, ye do not conceive how useless I should be to you, seeing that neither by training nor by nature am I fitted for the wars, and there seems to be nought but strife in those parts.
There has been nothing in his training to soften the barbarous hardness in his heart, and to enlighten the barbarous darkness in his mind.
The public who attend rowing-matches, foot-races, and other exhibitions of that sort, see nothing but the successful results of muscular training.
As things are, after going through a certain amount of muscular training, after performing a certain number of muscular feats, he suddenly fainted one day, to the astonishment of his family and friends.
Gymnastic as well as music should begin in early years; the training in it should be careful and should continue through life.
But next, what shall we say of their food; for the men are in training for the great contest of all--are they not?
Then, I said, a finer sort of training will be required for our warrior athletes, who are to be like wakeful dogs, and to see and hear with the utmost keenness; amid the many changes of water and also of food, of summer heat and winter cold, which they will have to endure when on a campaign, they must not be liable to break down in health.
But Herodicus, being a trainer, and himself of a sickly constitution, by a combination of training and doctoring found out a way of torturing first and chiefly himself, and secondly the rest of the world.
The transfer of certificated or book entry securities generally needs to be accompanied by a stock power with a form of signature guarantee.