certificated security

Definition of "certificated security"
  1. A type of security backed by certificate, which can be classified into different classes or series. These securities are commonly used for investment purposes, and their ownership is evidenced on a document. This document can either be payable to the bearer or a named person, or registered in records maintained by the issuer or their representative
How to use "certificated security" in a sentence
  1. The broker advised the investor to purchase a certificated security due to its tangible proof of ownership.
  2. The company issued a series of certificated securities to raise capital for their new project.
  3. Certificated securities are a preferred investment for many due to the physical evidence of ownership they provide.

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