BOOK ENTRY

book entry: translation

The nonphysical record of ownership, custody, and transfer of securities through electronic means. The system for settlement, delivery, and custody of uncertificated securities. American Banker Glossary

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An electronic system of keeping records of ownership of shares and bonds so that all records are computerised. In the UK, the major examples of book entry systems are the CGO gilts register and CREST. Dresdner Kleinwort Wasserstein financial glossary

book entry book entry ➔ entry

   Securities registered by the issuer.This usually occurs in computerized form with no physical issues, thereby reducing paperwork, expenses and simplifying transfer of ownership.

book entry UK US noun

► [C] ACCOUNTING a record of each amount of money spent or received in a company's accounts: »

All purchases should have a book entry in the accounts.

► [U] FINANCE a system used to record who owns shares, bonds, etc. when each owner is not given a certificate (= document showing who owns something): »

The transfer is effected by an electronic book entry system.

учет = accounting entry

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