A method of registering securities. There is no physical certificate as evidence of ownership is reflected by an entry recorded on the books of the issuer.
A method of recording and transferring ownership electronically. This eliminates the need for physical certificates.
An electronic system of accountability, custody, transfer, and settlement of securities. Book-entry systems allow rapid and accurate transfers of securities with simultaneous cash settlement.
A form of representation of securities which substitutes special accounting entries for the physical paper support.
A method of registering and transferring ownership of securities electronically, thereby eliminating the need for physical certificates.
Securities that are not represented by a certificate. These securities are recorded in the customers account and no certificate is exchanged. The transferring of ownership of the security is done electronically.
electronic holding of securities, without any physical certificates being issued. DTC participants hold their securities in book-entry form.
A method of registering securities. There is no physical certificate since ownership is solely reflected by an entry in the books of the issuer.
One form in which Treasury and certain government agency securities are held. Book-entry form consists of an entry on the records of the US Treasury Department, a Federal Reserve Bank, or a financial institution.