CUSIP number

Unique number given to a security to distinguish it from other stocks and registered bonds. See: Committee on Uniform Securities Identification Procedures.

CUSIP Number

A nine-digit number assigned to every stock and registered bond that trades in the United States. The number is assigned by CUSIP, which is owned by the American Bankers Association and is operated by S&P. A CUSIP number facilitates trade and settlement by making each security unique to every other of the same class. CUSIP numbers are recorded in each trade.

CUSIP number

A unique identification number that is assigned to stock and bond certificates in an effort to improve the efficiency of clearing operations.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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