Wiktionary
n. A paper certifying its bearer's ownership of shares (in a certain quantity) in a corporation.
WordNet
n. a certificate documenting the shareholder's ownership in the corporation; "the value of his stocks doubled during the past year" [syn: stock]
Wikipedia
In corporate law, a stock certificate (also known as certificate of stock or share certificate) is a legal document that certifies ownership of a specific number of shares or stock in a corporation. Historically, certificates may have been required to evidence entitlement to dividends, with a receipt for the payment being endorsed on the back; and the original certificate may have been required to be provided to effect the transfer of the shareholding. Over time, these functions have been rendered redundant by statutory schemes to streamline the administrative burden on corporations, and to facilitate and streamline trading on a stock exchange. For example, most jurisdictions now impose an obligation on corporations to pay dividends to shareholders registered at a relevant point of time without the need to produce the share certificate as proof of entitlement and the certificate is no longer required to be produced with a transfer of a shareholding. In some jurisdictions today, the issue of paper stock certificates may be dispensed with, at least in some circumstances, and many corporations now provide a holding statement in lieu of a share certificate for each parcel of shares owned.
Most jurisdictions now require corporations to maintain records of ownership or transfers of shareholdings, and do not permit share certificates to be issued to bearer.
Usage examples of "stock certificate".
I wasn't going to run away, I was going to stay and fight-and this stock certificate was my best weapon.
He was still clutching the stock certificate that he had taken from Frank's hand just before he went overboard, but his chief grievance was that the lunch was gone.
On the way Chet told the others about the stock certificate Bowden had dropped and that Mrs.
Because the minute the first piece of jewelry or old coin or stock certificate turns up and the police find out about it, then they’.
The check-point in the lobby passed Mundin and Bligh on the strength of Mundin's stock certificate.