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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 ...
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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. Certain information ...
There are three principal ways of holding securities: Stock certificate Before the use of electronic technology, all shares were held in certificated form, either . as registered shares, where the company maintained a register of owners of shares as well as issuing share certificates, and changes of ownership were registered, or
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Despite the first unfortunate experience, this form of participation in the joint-stock company as the acquisition of certificates of bearer shares became quite widespread in Europe. Today the main use of bearer instruments is in offshore financial centers for the purpose of hiding information about the real owner of the instrument.
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