Committee on Uniform Securities Identification Procedures

Committee on Uniform Securities Identification Procedures (CUSIP)

Committee that assigns identifying numbers and codes for all securities. These "CUSIP" numbers and symbols are used when recording all buy or sell orders.

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Committee on Uniform Securities Identification Procedures

A board that assigns a nine-digit number to every stock and registered bond that trades in the United States. CUSIP 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 from every other of the same class. CUSIP numbers are recorded in each trade.

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Committee on Uniform Securities Identification Procedures

(CUSIP) An appointed board that assigns standard identification (CUSIP) numbers for all stock certificates and registered bonds issued in the United States. See also CUSIP number.

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.