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It is the certificate issued by the registrar of companies to the public limited company to grant permission to commence it's business.

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12y ago

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It is possible to sell a stock without the certificate. As of 2014, it is possible to buy a or sell a stock online due to electronic trading. Traders with an internet connection and a broker can make multiple trades in a day without the need of the stock certificates.


What is the highest denomination stock certificate?

The highest denomination stock certificate ever issued was for the amount of $1 million, which was issued by the Central Bank of the Philippines in 1997. This certificate was created as a symbolic representation of a significant financial transaction rather than for practical trading purposes. Most stock certificates today are issued electronically, rendering high-denomination physical certificates largely obsolete.


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