Legend
A notification placed on certain stock certificates describing the terms and conditions of sale and ownership. Investopedia Says:
The main purpose of a legend is to notify owners of the restrictions placed on certain stocks. Sometimes, however, the legend may not be included on the certificate, so there may be restrictions on some stocks that have no legends. Generally, these restrictions occur when the initial owner enters into a shareholder agreement. Related Terms:
Authorized Stock
Insider
Restricted Stock |