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Book-Entry |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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In addition, the Board has decided to retain the $50 million limit on the value of book-entry securities transfers. Also, you can buy Treasury bills, notes and bonds through TreasuryDirect, a book-entry system operated by the Bureau of Public Debt, which enables investors to purchase government securities without a broker or other intermediary. 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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