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Certificate
CertificateA formal document used to record a fact and used as proof of the fact, such as stock certificates, that evidence ownership of stock in a corporation. RELATED TERMS-------------------------------------- Record Record is a Portuguese newspaper. Stock US equivalent of the British word "share", a block of shares with a nominal value of 100, or various kinds of fixed-interest securities; in Britain, goods stored ready for sale, raw materials, work in progress and finished but unsold products. SIMILAR TERMS-------------------------------------- Certainty equivalent An amount that would be accepted today (risk free) in lieu of a chance to receive a possibly higher, but uncertain, amount. Certainty equivalent return The certain (zero risk) return an investor would trade for a given (larger) return with an associated risk. Certicom Corp. Certicom Corp. is one of Canada's largest companies. Certificate of Accrual on Treasury Securities (CATS) Refers to a zero-coupon US Treasury issue that is sold at a deep discount from the face value and pays no coupon interest during its lifetime, but returns the full face value at maturity. Certificate of deduction of tax A certificate, issued by a building society or bank (in accordance with Section 352 of the Income and Corporation Taxes Act 1988) to its customers with interest bearing accounts, in which gross interest, tax deducted and net interest are depicted. Certificate of deposit (CD) A certificate, issued by a bank to a depositor, indicating a sum of money has been deposited for a specified term and on which interest is paid. Certificate of origin A document certifying the country of origin for goods sold internationally. Certificateless municipals Municipal bonds with one certificate which is valid for the entire issue, and having no individual certificates, easing transactions. Certificates of Amortized Revolving Debt (CARD) Pass-through securities backed by credit card receivables. Certificates of Automobile Receivables (CAR) Pass-through securities backed by automobile loan receivables. Certified check A bank guaranteed check for which funds are immediately withdrawn, and for which the bank is legally liable. CERTIFIED Credit Union CERTIFIED is a credit union with head office in COMMERCE, CA Certified Financial Planner (CFP) A person who has passed examinations accredited by the Certified Financial Planner Board of Standards, showing that the person is able to manage a client's banking, estate, insurance, investment, and tax affairs. Certified financial statements Financial statements that include an accountant's opinion. Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. Certipost Certipost is a major Belgian company. PREVIOUS AND NEXT TERMS-------------------------------------- Central bank intervention The buying or selling of currency, foreign or domestic, by central banks in order to influence market conditions or exchange rate movements. Central Limit Theorem The Law of Large Numbers states that as a sample of independent, identically distributed random numbers approaches infinity, its probability density function approaches the normal distribution. Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. Certainty equivalent An amount that would be accepted today (risk free) in lieu of a chance to receive a possibly higher, but uncertain, amount. Certainty equivalent return The certain (zero risk) return an investor would trade for a given (larger) return with an associated risk. Certificate Certificate of Accrual on Treasury Securities (CATS) Refers to a zero-coupon US Treasury issue that is sold at a deep discount from the face value and pays no coupon interest during its lifetime, but returns the full face value at maturity. Certificate of deduction of tax A certificate, issued by a building society or bank (in accordance with Section 352 of the Income and Corporation Taxes Act 1988) to its customers with interest bearing accounts, in which gross interest, tax deducted and net interest are depicted. Certificate of deposit (CD) A certificate, issued by a bank to a depositor, indicating a sum of money has been deposited for a specified term and on which interest is paid. Certificate of origin A document certifying the country of origin for goods sold internationally. Certificateless municipals Municipal bonds with one certificate which is valid for the entire issue, and having no individual certificates, easing transactions. 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