Definition of Marked transfer

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TeachMeFinance.com - explain Marked transfer




historic definition...

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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