A document which gives an individual proof of having an investment in a savings and loan institution. It also shows how much money has been invested. Investment certificates are different from stocks because they do not give the holder a right to vote, nor do they require any responsibilities to be fulfilled by the shareholder. also called mutual capital certificate.
Related information about investment certificate:
- Investment certificate - Wikipedia, the free encyclopedia
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Definition of investment certificate: A document which gives an individual proof of having an investment in a savings and loan institution. It also shows how much ...
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- Mutual Investment Certificate Definition | Investopedia
A certificate issued by a local or municipal authority for the purpose of funding a public works project. This type of obligation is financed by an tax assessment ...