stock certificate

stock certificate
A written instrument signed by the proper officers of a corporation, stating or acknowledging that the person named therein is the owner of a designated number of shares of its stock. Whitehead v Gormley, 116 Okla 287, 245 P 562, 47 ALR 171; 18 Am J2d Corp § 245. Evidence of the ownership of intangible property interests in the corporation. Millar v Mountcastle, 161 Ohio St 409, 119 NE2d 626, 49 ALR2d 381. Not a mere evidence of a stock but, in effect, the stock itself, under the Uniform Stock Transfer Act and the Uniform Commercial Code. 6 Am J2d Attach § 39. Stock certificates are frequently spoken of as securities but they are not securities in the strict legal significance of that term, since they are not evidences of indebtedness. Nelson v Owen, 113 Ala 372, 21 So 75.

Ballentine's law dictionary. . 1998.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • stock certificate — n. A document that indicates that its holder has an ownership interest in a corporation. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. stock certificate …   Law dictionary

  • stock certificate — n. a certificate issued as written evidence of ownership to one who buys shares of stock …   English World dictionary

  • Stock certificate — 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 stock shares (or fractions thereof) in a corporation. In large corporations,… …   Wikipedia

  • stock certificate — noun a certificate documenting the shareholder s ownership in the corporation the value of his stocks doubled during the past year • Syn: ↑stock • Hypernyms: ↑security, ↑certificate • Hyponyms: ↑share * * * …   Useful english dictionary

  • stock certificate — A document representing the number of shares of a corporation owned by a shareholder. Bloomberg Financial Dictionary * * * stock certificate stock certificate ➔ certificate * * * stock certificate UK US noun [C] (also share certificate) FINANCE,… …   Financial and business terms

  • stock certificate — stock′ certif icate n. bus a certificate evidencing ownership of one or more shares of stock • Etymology: 1860–65 …   From formal English to slang

  • stock certificate — stock cer.tificate n AmE an official document that shows that you own ↑shares in a company …   Dictionary of contemporary English

  • stock certificate —    A printed document verifying the ownership of shares in a corporation. The certificate states the name of the corporation, the state and date of its incorporation, the registered number of the certificate, the number of shares the certificate… …   Business law dictionary

  • Stock Certificate — The physical piece of paper representing ownership in a company. Stock certificates will include information such as the number of shares owned, the date, an identification number, usually a corporate seal, and signatures. They are a bit bigger… …   Investment dictionary

  • stock certificate — a certificate evidencing ownership of one or more shares of stock in a corporation. [1860 65] * * * …   Universalium

  • stock certificate — /ˈstɒk səˌtɪfəkət/ (say stok suh.tifuhkuht) noun a certificate evidencing ownership of one or more shares of a company s stock …  

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”