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Moneyextra.com Dictionary

Interim certificate


Interim certificate is a temporary document of title to shares and is usually issued when shares are trading in a part-paid form.

In other words an interim certificate is a halfway house between an allotment letter and a permanent certificate . The latter would only be issued once final payment has been made and the shares became fully paid up.

See Also Online share dealing service Stockmarket Centre

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2009-02-17 00:00:00 © Moneyextra.com