transferable only on the books of
English translation: transferable only in the written records of
| 20:05 May 24, 2011 |
| English language (monolingual) [PRO] Law/Patents - Economics / Stocks, shares | |||||
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|  Selected response from: Martin Riordan Brazil Local time: 13:15 | ||||
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| SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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| 3 | transferable only in the written records of |
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| 3 | only among the registered shareholders |
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Answers
9 mins confidence: 
transferable only in the written records of Explanation: Some stocks are "book-entry", which means that they are not represented by bits of paper, but only by entries in a stock registry book. Thus the only way of transferring them is by entries in the book. I think this is what the term refers to. |
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6 hrs confidence:
only among the registered shareholders Explanation: shares not transferable, or may not be quoted to the people outside the company. |
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