Certificated Stock

DEFINITION of 'Certificated Stock'

The stock of a commodity that has been inspected by qualified representatives and determined to be of basis grade. Certificated stock is an important part of futures trades, as certificated stocks are deemed to be acceptable for delivery and, in general, of a high quality and suitable for wholesale shipment.

BREAKING DOWN 'Certificated Stock'

Stock of commodities that are certificated are also referred to as "certified stocks." They can be used as delivery against futures contracts and are normally kept at a holding facility until transfer. For grain, for instance, a certificated stock is known as "stocks in deliverable position" or deliverable stock.

RELATED TERMS
  1. Shipping Certificate

    An instrument used by futures exchanges as a negotiable commitment ...
  2. Share Certificate

    A share certificate is a written document signed on behalf of ...
  3. Grading Certificate

    A document issued by inspectors or an approved grading panel ...
  4. Push Out

    One of two ways to effect a stock split. In a push out, new share ...
  5. Trust Certificate

    A bond or debt investment, usually in a public corporation, that ...
  6. Currency Certificate

    A note that grants the holder the right to convert a specific ...
Related Articles
  1. Professionals

    Introduction

    FINRA/NASAA Series 66 - Regulation of Securities. This section gives all the definitions of security under the Uniform Securities Act (USA).
  2. Retirement

    Index-Linked Certificates Of Deposit: Upside Potential, Low Risk

    Index-linked CDs generate returns similar to indexes, without the potential for loss.
  3. Investing Basics

    Old Stock Certificates: Lost Treasure?

    Today, most stocks reside electronically in a broker’s computer. But it is possible to stumble across a physical stock certificate.
  4. Professionals

    Finding The Right Accounting Certification

    The right accounting certification can open the doors of opportunity.
  5. Professionals

    Liability And Transferability

    Limited Liability A stockholder’s liability is limited to the amount of money they invested in the stock. They cannot be held liable for any amount past their invested capital. Freely Transferable ...
  6. Professionals

    The Uniform Securities Act (USA) - Definitions Part 5

    FINRA/NASAA Series 63 - The Uniform Securities Act(USA) - Definitions Part 5. In this section detailed definitions of issuer, nonissuer transaction, offer to purchase, security and person.
  7. Professionals

    Finding The Right Accounting Certification

    An accounting certification may be the boost your career needs. Find out how to get the most bang for your buck.
  8. Investing Basics

    What’s The Difference Between Shares And Stocks?

    In today’s markets, the distinction between stocks and shares has become blurred.
  9. Professionals

    Rules For Good Delivery

    All securities delivered by a customer or another broker dealer must be in good condition and must: Be signed by all owners and all owners must be alive Be in the correct denominations, i.e. ...
  10. Economics

    What are Deliverables?

    Deliverables is a project management term describing an object or function that must be provided or completed by a certain due date.
RELATED FAQS
  1. How do you get a hard copy of a stock certificate?

    Before online brokers and personally-directed accounts, holding a physical stock certificate was a necessity, as this was ... Read Answer >>
  2. I hold stock certificates in a company that just had a stock split. What happens ...

    The short answer is that a stock split will have little effect on the holder of stock certificates. In most cases when an ... Read Answer >>
  3. I lost my share certificate. Do I still own the stock?

    Regardless of whether a shareholder loses his or her stock certificate, that person still owns the shares. However, in order ... Read Answer >>
  4. What's the difference between shares and stocks?

    In today's financial markets, the distinction between stocks and shares has been somewhat blurred. Generally, these words ... Read Answer >>
  5. What protects an investor’s interest in the case of terrorist sabotage, or act of ...

    Currently, most stock ownership is done electronically thru the combined effort of the brokerage firms and the transfer agents ... Read Answer >>
  6. Should I convert my telecom paper stocks to electronic records?

    Convert your paper shares of a telecommunications company's stock to electronic form in just a few simple steps, and make ... Read Answer >>
Hot Definitions
  1. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  2. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  3. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  4. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
  5. Generally Accepted Accounting Principles - GAAP

    The common set of accounting principles, standards and procedures that companies use to compile their financial statements. ...
  6. DuPont Analysis

    A method of performance measurement that was started by the DuPont Corporation in the 1920s. With this method, assets are ...
Trading Center