What is the meaning of STOCK POWER?

STOCK POWER is a form that permits a Donor to provide the authority to change the name on a stock certificate from the Donor's name to the name of another party, such as a charitable organization, without using a "transfer agent". This form, together with the designated stock certificate and Letter of Authorization, given to the charitable organization will expedite the transfer of the Donor's stock certificate by the charitable organization's brokerage to expedite the sale and receipt of proceeds from the gift of securities.

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APABarry Goldsmith. (2010). stock power. Retrieved September 27, 2026, from http://smartdefine.org/stock_power/definitions/1164257
ChicagoBarry Goldsmith. 2010. "stock power" http://smartdefine.org/stock_power/definitions/1164257 (accessed September 27, 2026).
HarvardBarry Goldsmith 2010, stock power, Smart Define, viewed 27 September, 2026, <http://smartdefine.org/stock_power/definitions/1164257>.
MLABarry Goldsmith. "stock power" 21 October 2010. Web. 27 September 2026. <http://smartdefine.org/stock_power/definitions/1164257>
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