Certificate Of Title


 

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Certificate of title

A written opinion on the status of a piece of property based on an examination of the public record.

Certificate Of Title

In areas where attorneys examine abstractor chains of title, a written opinion, executed by the examining attorney, stating that title is vested as stated in the abstract.



Certificate Of Title

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Voting certificate

Voting certificate

Certificates issued by a voting trust to stockholders in exchange for their common stock, which represent all the rights of common stock except voting rights.


Security certificate

Security certificate

Stored information used by the SSL protocol to establish a secure Internet connection; typically contains information about who the certificate belongs to, who it was issued by, a unique serial number, valid dates, and an encrypted "fingerprint".


Share certificate

Share certificate

A certificate denoting ownership of shares in a company. The current trend is away from paper certificates towards nominee accounts, in which the shares are registered in the name of a nominee company (usually a broker) but held beneficially for the investor client. The advantages of nominee registration is that settlement is quicker, easier and, supposedly, cheaper. In particular, the investor does not have to send in a paper share certificate every time he sells a share.


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A debt instrument issued by a receiver and serving as a lien on the property, which provides funding to continue operations or to protect assets in receivership.


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Certificateless municipals

Municipal bonds with one certificate which is valid for the entire issue, and having no individual certificates, easing transactions. See: Book-entry securities.


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