Definition of Registered stock

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TeachMeFinance.com - explain Registered stock




historic definition...

Registered stock -- In Great Britain registered stock is stock registered in the name of the owner in the books of the company issuing it, although the owner receives a certificate of stock as well. This certificate, however, is not a negotiable instrument; the possession of it does not carry with it the ownership of the stock. Before the stock can be transferred to another the signature of the owner (or of his attorney) is again required ; the certificate must also be surrendered.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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