Meaning BOOK-ENTRY SECURITIES: System in which securities are not represented by paper certificates but are maintained in computerized records at the Fed in the names of member banks, which in turn keep computer records of the securities they own as well as those they are holding for customers. In the case of other securities where a book-entry has developed, certificates reside in a central clearinghouse or by another agent. These securities do not move from holder to holder
More terms such as Book-entry securities in Dictionary B.
- Definition Buy Stop Order:
- Examples be executed until the market price rises to the stop price. Once the security has broken through that price, the order is then treated as a market order. Also known as a suspended market order book-entry securities definition.
- Definition Bank Draft:
- Examples A draft addressed to a bank book-entry securities explain.
- Definition Balloon Maturity:
- Examples Any large principal payment due at maturity for a bond or loan with or without a sinking fund requirement book-entry securities what is.
- Definition Bond Equivalent Yield:
- Examples Bond yield calculated on an annual percentage rate method. Differs from annual effective yield book-entry securities meaning.
- Definition Bogey:
- Examples The return an investment manager is compared to for performance evaluation book-entry securities abbreviation.
