book entry

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 ownership of shares and bonds so that all records are computerised. In the UK, the major examples of book entry systems are the CGO gilts register and CREST. Dresdner Kleinwort Wasserstein financial glossary

* * *

book entry book entry ➔ entry

* * *

   Securities registered by the issuer. This usually occurs in computerized form with no physical issues, thereby reducing paperwork, expenses and simplifying transfer of ownership.

* * *

book entry UK US noun
► [C] ACCOUNTING a record of each amount of money spent or received in a company's accounts: »

All purchases should have a book entry in the accounts.

► [U] FINANCE a system used to record who owns shares, bonds, etc. when each owner is not given a certificate (= document showing who owns something): »

The transfer is effected by an electronic book entry system.


Financial and business terms. 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • 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 bond — see bond 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • 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 — 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… …   Financial and business terms

  • book-entry deposit — Where the CSD is Euroclear Nederland, a book entry deposit ( girodepot ) within the meaning of the Wet Giraal Effectenverkeer. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • book-entry deposit — Where the CSD is Euroclear Nederland, a book entry deposit ( girodepot ) within the meaning of the Wet Giraal Effectenverkeer …   Euroclear glossary

  • book entry — A notation, generally of figures or numbers, made in an accounting journal, consisting, in double entry bookkeeping, of debits and credits …   Black's law dictionary

  • book entry — A notation, generally of figures or numbers, made in an accounting journal, consisting, in double entry bookkeeping, of debits and credits …   Black's law dictionary

  • book entry — noun A bond or similar security for which no certificate is issued, but ownership is recorded on computer …   Wiktionary

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”