book-entry securities

Stocks, bonds, other securities, and some certificates of deposit that are purchased, sold, and held with only manual or computer accounting entries rather than transfers of physical certificates to evidence the transfer. Typically, instead of a physical certificate or instrument, buyers only receive receipts or confirmations as evidence of their ownership. American Banker Glossary
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securities which are not represented by paper certificates but are maintained in computerized records at the Fed in the names of member banks, which in turn keep computer records of the securities they own as well as those they are holding for customers. In the case of other securities where a book-entry has developed, certificates reside in a central clearinghouse or are held by another agent. These securities do not move from holder to holder. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Look at other dictionaries:

  • Book-Entry Securities — Securities that are recorded in electronic records called book entries rather than as paper certificates. Also referred to as book entry receipt. Ownership of U.S. government book entry securities is transferred over fedwire …   Investment dictionary

  • Book-entry securities — The Treasury and federal agencies are moving to a book entry system in which securities are not represented by engraved pieces of paper but are maintained in computerized records at the Fed in the names of member banks, which in turn keep records …   Financial and business terms

  • book entry securities — Electronically recorded securities that include each creditor s name, address, Social Security or tax identification number, and dollar amount loaned, ( I.e., no certificates are issued to bond holders, instead the transfer agent electronically… …   Financial and business terms

  • Book entry — is a system of tracking ownership of securities where no certificate is given to investors. In the case of book entry only (BEO) issues, while investors do not receive certificates, a custodian holds one or more global certificates.… …   Wikipedia

  • book entry — The nonphysical record of ownership, custody, and transfer of securities through electronic means. The system for settlement, delivery, and custody of uncertificated securities. American Banker Glossary An electronic system of keeping records of… …   Financial and business terms

  • book-entry — The nonphysical record of ownership, custody, and transfer of securities through electronic means. The system for settlement, delivery, and custody of uncertificated securities. American Banker Glossary registered ownership of stock without the… …   Financial and business terms

  • securities — Paper certificates (definitive securities) or electronic records ( book entry securities) evidencing ownership of equity ( stocks) or debt obligations ( bonds). Bloomberg Financial Dictionary securities and other financial instruments of any… …   Financial and business terms

  • Book — A banker or trader s positions. The New York Times Financial Glossary * * * ▪ I. book book 1 [bʊk] noun 1. books [plural] ACCOUNTING the accounting records of a business; =account books; …   Financial and business terms

  • book — A banker or trader s positions. Bloomberg Financial Dictionary A summary of a trader s or desk s outstanding positions. Chicago Mercantile Exchange Glossary * * * ▪ I. book book 1 [bʊk] noun 1. books [plural] ACCOUNTING the accounting records of… …   Financial and business terms

  • Definitive Securities — Securities that are issued in the form of a paper certificate as opposed to book entry securities which are electronic entries into a computer. Examples of definitive securities include bearer and registered bonds. Con artists use scams offering… …   Investment dictionary

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