Home > Term: book entry
book entry
In lieu of receiving the Registered Bond Certificate, securities are frequently available in Book Entry Form. The certificate is held by a central securities depository, and the investor receives only a receipt as evidence of ownership instead of an engraved certificate. The bond will be held in the account at the financial institution. See Bond Form.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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- MJ63
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