uncertificated shares

Definition

Mutual fund shares which are maintained on the transfer agent's records, but for which stock certificates have not been issued. also called book shares.

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There were some uncertificated shares that we needed to manage and that was something we found really easy to do.

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You should always make sure you have done your research before you ever take on any uncertificated shares that may be risky.

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I often wonder if the number of uncertificated shares were to be added to the market what the underlying action would do to the price of the shares overall.

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uncertainty unchanged