Definitions for "Medallion Signature Guarantee"
A statement (stamp and signature) given by a financial institution such as a commercial bank, credit union, brokerage firm, etc., that is a member of the Securities Transfer Association Medallion Program (STAMP), NY Stock Exchange Program or Stock Exchange Medallion Program (SEMP, MSP.) The Medallion Program is not a notarization.
The guarantee of a person's signature by a member of the Medallion Guarantee Program, typically required for the transfer of ownership of securities.
A type of signature guarantee issued by Financial Institutions that are members of the Securities Transfer Association Medallion Program, New York Stock Exchange Medallion Program or Stock Exchange Medallion Program. Required for most types of stock transfers.