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.
Letter stock is a category of stock that derives its name from an inscription on the face of the stock certificate, indicating that the shares have not been registered with the Securities and Exchange Commission (SEC) and, therefore, cannot be sold to the general public.
A stock certificate is a written instrument that provides evidence of shares owned in a corporation, signifying ownership in the company.
