Ownership Evidence

Certificate
A certificate is a formal document that captures and authenticates a specific fact, such as a birth, marriate, or ownership stake. It serves as an official record and proof of particular information, playing a crucial role in legal and financial contexts.
Scrip
Scrip refers to a certificate, written document, or token that ultimately serves as evidence of ownership of stocks, shares, or bonds. It can also be issuance documentation when additional shares are provided to current shareholders, known as a scrip issue.

Accounting Terms Lexicon

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