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book-entry investment & finance definition
- A method used by the U.S. Treasury and some agency issuers, such as Fannie Mae, to confer ownership of the bonds and notes. Book-entry consists of an entry on the computerized records of the U.S. Department of the Treasury, a Federal Reserve Bank, or a financial institution. No actual certificate is given to the owner.
- Refers to stock certificates and corporate bonds that are held on behalf of customers using only the brokerage firm’s name. The brokerage firm keeps track of who the owners are.