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    Definition of signature guarantee

    Dictionary of Business Terms: signature guarantee
    signature guarantee

    written confirmation from a financial institution such as a bank or brokerage firm that a customer's signature is valid. The institution will compare a new signature from a customer with the signature on file. transfer agents require signature guarantees when transferring stocks, bonds, mutual funds, or other securities from one party to another to ensure that the transactions are legitimate.

    Dictionary of Finance and Investment Terms: signature guarantee
    signature guarantee

    written confirmation by a financial institution such as a bank or brokerage firm that a customer's signature is valid. The institution will compare a new signature from a customer with the signature on file. Transfer agents require signature guarantees when transferring stocks, bonds, mutual funds, or other securities from one party to another to ensure that the transactions are legitimate.

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