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In this video tutorial, the distinctions between a share certificate and a share warrant are explained. A share certificate is an official document issued by a company, bearing its common seal, that confirms a shareholder's ownership of a specified number of shares and the payment made for them. It serves as evidence of ownership. Conversely, a share warrant is an instrument indicating entitlement to the shares specified within it, which can be transferred by simple delivery. While often mistakenly regarded as identical, there are important differences between the two, as highlighted in a comparative table.