stock power


A power of attorney enabling a person other than the owner to transfer stock ownership to another party. Stock power is sometimes granted when stock is pledged as collateral for a loan.

Use stock power in a sentence

They had a lot of stock power and I knew that I had to honor that and let them do what they wanted in the market.

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I gave stock power for 100 shares of Apple stock to my parents when they agreed to loan me the money to buy a car at a lower rate than any bank would give me so that they had some collateral for the loan.

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Since the old woman had a diminished capacity and no other assets besides her company equities, the adviser engineered a stock power, transferring those shares to the woman's eager daughter.

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