Share certificate


 

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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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