MoneyGlossary.com
Home  

Medallion Stamp Program

Definition: [crh] A program approved by the Securities Transfer Association that enables participating financial_institutions to guarantee sDefinition: ignatures. The Medallion programs ensure that the individual signing the certificate or stock, power is in fact the registered owner as it appears on the stock certificDefinition: ate or stock power. Any U.S. financial institution that belongs to a Medallion Stamp Program can provide Medallion guarantees. Such institutions include banks, savings aDefinition: nd loans, credit unions and U.S. brokerages.

<< Go back