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Legal Definitions - share certificate
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Definition of share certificate
A share certificate is a document that proves ownership of shares of stock in a company. It is also known as a stock certificate or certificate of stock.
- John owns 100 shares of Apple Inc. and has a share certificate to prove it.
- Mary inherited shares of Coca-Cola from her grandfather and received a share certificate as proof of ownership.
These examples illustrate how a share certificate is used to show ownership of shares in a company.
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Simple Definition
A share certificate is a document that proves you own a part of a company. It's like a special piece of paper that says you have a certain number of shares in the company. It's important to keep it safe because it shows that you have a right to vote on important decisions and to receive a share of the company's profits.
I feel like I'm in a constant state of 'motion to compel' more sleep.
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