Legal term used (especially in UCC Article 8) as an adjective to describe stocks, bonds, other investments, and certificates of deposit held in physical form. American Banker Glossary
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certificated UK US /səˈtɪfɪkeɪtɪd/ adjective
► having a certificate, sometimes one that shows that a particular standard has been reached: »
certificated stocks
»He had qualified as a certificated flight instructor.
Financial and business terms. 2012.