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 shares or stock in a corporation.
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A registered certificate can be used in legal proceedings by a stockholder.
Electronic trading made stock ticket tapes obsolete and paper stock certificates are likewise heading for extinction.
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The certificate was made out of parchment paper and was printed by hand with ink and a writing quill.
The paper used to make the stock certificate has a unique background that proves the authenticity of the certificate.
This includes paper and electronic computer stock certificates.
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In 2010 the oldest surviving stock certificate was found by a history student from utrecht university who was working on an unrelated research project.
But these certificates have become a.
A stock certificate that is registered will include the percentage of the title for the stockholder along with the total number of shares.
When a company sold shares of its stock or launched an initial public offering ipo it gave shareholders a physical piece of paper the stock certificate.
The stock certificate or share certificate was historically used as proof that someone was a shareholder in a corporation.
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Many companies no longer print paper stock certificates and brokerage firms.