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>When you buy shares through most modern investment platforms or brokers, particularly in systems like the U.S. where the Depository Trust Company (DTC) operates, you typically receive a security entitlement rather than a physical stock certificate.
>Security Entitlement: This refers to your beneficial ownership of shares, which means you have the rights to the economic benefits (like dividends) and voting rights associated with the shares, but you do not possess the actual stock certificate. Instead:
>Beneficial Ownership refers to the person or entity that enjoys the economic benefits of an asset (like dividends or voting rights for shares) but may not have their name listed as the legal owner. For instance, if your shares are held in street name by a broker, you are the beneficial owner.Legal Ownership, on the other hand, means the person or entity whose name is officially recorded as the owner of the asset (like on a stock certificate or company registry). This owner has the legal title and can transfer, sell, or pledge the asset with fewer restrictions. When shares are directly registered in your name, you are the legal owner.
you will own nothing and you will be happy. thanks for playing. no refunds
