|
|
Share certificate |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Share certificateA 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.Similar MatchesJumbo certificate of depositJumbo certificate of depositIn the US, this is a certificate of deposit with a denomination of $100,000 and above. They are usually purchased by large institutions such as banks and insurance companies. Charge certificateCharge certificateA certificate from the Land Registry that shows the boundaries of a property and gives details of covenants affecting it. Face amount certificateFace amount certificateA debt security issued by face amount. The holder makes payments periodically to the issues, and the issuer promises to pay the purchaser the face value at maturity or the surrendered value if the security is presented by the maturity specified in the certificate. Certificate of deposit (CD)Certificate of deposit (CD)Also called a time deposit this is a certificate issued by a bank or thrift that indicates a specified sum of money has been deposited. A CD has a maturity date and a specified interest rate, and can be issued in any denomination. The duration can be up to five years. CertificateCertificateA formal document used to record a fact and used as proof of the fact, such as stock certificates, that evidence ownership of stock in a corporation. Further SuggestionsCertificateless municipalsvariable rate certificate Land certificate Certificates of Amortized Revolving Debt (CARD) certificate of deposit Participation Certificates Equipment trust certificates Municipal improvement certificate Certificate Of Title Term certificate Jumbo certificate of deposit Eurodollar certificate of deposit Investment certificate Equipment Trust Certificate Negotiable certificates of deposit Gold certificate chargeable event certificate Stock certificate Abstracters Certificate Certificate of title Strip mortgage participation certificate (strip PC) Guaranteed Mortgage Certificates (GMC) Negotiated certificate of deposit certificate of deduction of tax Inspector’s or Judge’s Certificate |
|
|
|