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| '''Book entry''' is a system of tracking ownership of ] where no ] is issued. Instead, the security issuer keeps records, usually ], of who holds outstanding securities. | '''Book entry''' is a system of tracking ownership of ] where no ] is issued. Instead, the security issuer keeps records, usually ], of who holds outstanding securities. | ||
Revision as of 13:50, 7 May 2006
Book entry is a system of tracking ownership of securities where no certificate is issued. Instead, the security issuer keeps records, usually electronically, of who holds outstanding securities.
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