What is Stock Certificate? What are Different Types?
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What is a "stock certificate"? What rights and privileges are offered based upon the type of stock?
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Solution Summary
This solution defines a "stock certificate"and explains the rights and privileges that are offered based upon the type of stock. Includes APA formatted reference.
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Companies issue stock certificates (also known as "certificates of stock") as a way to show ownership of a certain percentage of the company. Those owning stock certificates are called shareholders. Shareholders are allowed to trade shares and participate in shareholder meetings, which are times that management presents its results and future plans and discusses leadership. These certificates may be registered, in which case the name of the owner is placed on the books of the company, ...
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