- certification
- This is the process of authorising a stock transfer form to be deposited and registered without the cover of a certificate. It can only be carried out by the registrar. Certification may be required if ( i) One certificate is used to cover more than one trade. (ii) Stock recently purchased is being sold, yet the original certificate has not yet been received. (iii) A balancing certificate requested due to previous trade has not been received and that stock is now being sold. Dresdner Kleinwort Wasserstein financial glossary
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certification cer‧ti‧fi‧ca‧tion [səˌtɪfɪˈkeɪʆn ǁ sər-] noun [uncountable]the official act of approving a person, organization, or product and saying that they reach particular standards of ability, quality etc:• Three prototype jets are currently undergoing tests, but certification by the US Federal Aviation Administration is not expected until next year.
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certification UK US /ˌsɜːtɪfɪˈkeɪʃən/ noun [U]► the process of giving official or legal approval to a person, company, product, etc. that has reached a particular standard: certification in sth »The new division received $10,000 in training funds that will help staff gain certification in insurance procedures.
certification as sth »Our products were awarded certification as compliant with all the relevant standards.
»We need experienced pilots with multiengine and instrument certification.
»certification programme/process/requirements
Financial and business terms. 2012.