guarantee of signature

guarantee of signature definition - finance
A document that is issued by a bank or brokerage firm that attests to the authenticity of a personÂ’s signature. A guarantee of signature is needed in order to process certain transactions, such as transferring stocks or bonds from one person to another.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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