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Certificate for a share in Kennet and Avon Canal Navigation, Great Britain, 1808. In corporate law, a stock certificate (also known as certificate of stock or share certificate) is a legal document that certifies the legal interest (a bundle of several legal rights) of ownership of a specific number of shares (or, under Article 8 of the Uniform Commercial Code in the United States, a ...
A share certificate is the main document certifying the rights of the shareholder, in which the statutory information is mandatory: name of the issuer, certificate number, the amount of the capital, number of shares owned by the holder of this certificate, and date of issue of the certificate.
These certificates are flexible and allow add-on payments during the term or withdrawals up to a specified amount without a charge. There are also certificate products that feature an interest rate tied to the stock market, namely the S&P 500 index. While each certificate product has its own rules they all have one common factor, security of ...
Share certificates or stock certificates specify the number of shares owned and serve as proof of ownership. In that sense, it works similarly to a title for a home or vehicle. ... For example, if ...
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A stock certificate is a legal document that specifies the number of shares owned by the shareholder, and other specifics of the shares, such as the par value, if any, or the class of the shares. In the United Kingdom , Republic of Ireland , South Africa , and Australia , stock can also refer, less commonly, to all kinds of marketable securities .
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