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Finance Dictionary and Glossary of Investment Terms
Stock power
Definition 1.
A power of attorney form giving ownership of a security to another person, brokerage firm, bank, or lender after it has been sold or pledged to that party.
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Definition 2.
A power of attorney enabling a person other than the owner to transfer stock ownership to another party. Stock power is sometimes granted when stock is pledged as collateral for a loan.
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Definition 3.
A power of attorney that allows the current owner of a registered security to transfer ownership to another party.
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