TeachMeFinance.com - explain Marked transfer
Marked transfer -- London Stock Exchange term ; when a
stockholder has sold only a portion of the stock represented
by a certificate held by him the certificate and a transfer deed
(assignment) are lodged with the company, which issues a
fresh certificate to him for the amount unsold and indorses the
transfer to the effect that it is good for the remaining amount
of stock; then, the transfer is said to be certified or marked
and the act of certifying or marking is called certification.
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