1.
stock certificate; share certificate
A physical document that certifies ownership of shares in a company. In modern Japan, most shares are managed electronically.
A compound of 株 (stock, shares) and 券 (certificate, ticket). Historically, 株券 were important physical documents proving share ownership. In Japan, the shift to electronic share management (株券電子化) was completed in January 2009, making paper certificates largely obsolete.
Old paper 株券 are occasionally found during estate settlements and may still have value if the issuing company exists.
Common collocations
- 株券を発行する: to issue stock certificates
- 株券の電子化: digitization of stock certificates
- 株券を保管する: to store stock certificates
- 紙の株券: paper stock certificate
Similar words
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社債 (corporate bond)