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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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In addition, the Board has decided to retain the $50 million limit on the value of book-entry securities transfers.
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When the proper securities are identified, the securities are purchased as book-entry securities.
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Shad's encouragement to issue new debt in global book-entry form, saving the expense and hassles of physical certificates, transfer agents, paying agents, and registrars.
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