Glossary
Bull Market
A trend of rising stock prices or a pattern of growth within a period of months or years. May also describe a general sentiment of optimism by many investors ('bulls') stemming from economic and/or political conditions favorable to growth.
Certification
A statement by court or authorized party, that the copy is true and correct copy and is still in full force and effect.
Common Stock
Equity ownership in a corporation in the form of Common Stock. May be in the form of a physical certificate or book entry.
Court Appointment
A dated document issued by the court naming an individual to act on behalf of an estate. Generally this is the document which names the Executor, Administrator, or Personal Representative.
Cusip Number
Committee on Uniform Securities of Identification Procedures. Used to identify issuer and type of security issued. Is located on stock certificates and other forms.
Dividends
Cash dividends declared on Common Stock are paid by corporations, usually quarterly, to shareowners of record on the declared record date. Shares directly registered on the books of the corporation are paid directly to shareholders while shares held through a broker are paid to the broker by the corporation.
DRS
Direct Registration System (DRS) is a method of recording shares of stock in book-entry form.
DWAC
Deposit/Withdrawal at Custodian. A method of electronically transferring new shares or paper share certificates from the Depository Trust Company (DTC), which acts as a clearinghouse for settling trades in corporate and municipal securities.
EDGAR
EDGAR, the Electronic Data-Gathering, Analysis, and Retrieval system, performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the U.S. Securities and Exchange Commission (the "SEC"). The database is freely available to the public via the Internet or FTP.
Escheatment
The turning over of property to the state of last known address when such property is considered abandoned. Different rules and regulations apply to the various states.
Escrow
A bond, deed, or other document kept in the custody of a third party, taking effect only when a specified condition has been fulfilled. As your Escrow Agent, Transfer Online would act as a secure, trustworthy and neutral third party for you.