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Book-Entry
(redirected from Book entry)

    Also found in: Wikipedia 0.01 sec.
Book-Entry
Registered ownership of stock without the issuance of a corresponding stock certificate, as is the case with dividend reinvestment and direct purchase plans, employee plans and Direct Registration System issuances. Periodic statements of ownership are issued instead of certificates.
Book-Entry
1. A certificate of ownership in a security that is maintained electronically. Rather than printing paper certificates, issuers of securities sometimes rely upon book-entries to reduce the risk of theft or destruction of the certificate.

2. Describing a security that has book-entries rather than paper certificates.
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Ownership can of course be proven if an investor can show a valid engraved certificate or other proof of ownership, but because of swiftness and efficiency, currently more than 99% of securities are being held in book entry or certificate-less form, and they tend to exist only in computer records and in brokers and dealers books.
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A book entry (registration)--registration or a record of the transfer, limitation or expiry of a right without any specific justification (unconditional entry of rights or unconditional removal of an entry); 4.
II. Legal information relevant to the United Nations Convention on ... by Law of the Sea Bulletin
The lender's security interest in book-entry securities is perfected once the securities intermediary, acting as the lender's custodian, records by book entry that it is holding the securities for the account and benefit of the lender and not for the borrower and sends the lender a confirmation of its book entries in favor of the lender.
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