Stock certificate,
Definition of Stock certificate:
A stock certificate is a physical piece of paper that represents a shareholder's ownership in a company. Stock certificates include information such as the number of shares owned, the date of purchase, an identification number, usually a corporate seal, and signatures.
Legal document issued as proof of ownership in a firm. In the modern stock markets, the paper share is now being replaced by the electronic share. Also called share certificate.
The certificates are most often a bit bigger than a normal piece of paper, and most of them have intricate designs to discourage fraudulent replication and counterfeiting, which was a problem for much of the pre-internet history of investing in corporate stocks.
How to use Stock certificate in a sentence?
- The first stock certificate was issued in 1606 by the Dutch East India Company; the Walt Disney Company issued one of the last paper stock certificates from a major corporation in 2013.
- Stock certificates include information such as the number of shares owned, the date of purchase, an identification number, usually a corporate seal, and signatures.
- Today, securities are recorded almost exclusively electronically using a process known as book-entry form.
- A stock certificate is a physical piece of paper that represents a shareholder's ownership in a company.
Meaning of Stock certificate & Stock certificate Definition
