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Glossary

Glossary

Certificated share

Share in the form of a document.

Share certificate is a security and should be protected against counterfeiting. Share certificate must also include the serial number and the signature of a member or members of the Board who are authorized to act on behalf of the company to the issue date. The documentary includes share coupon sheet to pay dividends. Coupon to share may be issued to bearer, so the bearer coupon may be someone other than the owner of the shares. It is in the own interest of any company to limit the possibility of counterfeiting shares.

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