book-entry system

What is book-entry system?

book-entry system definition and meaning on Finance terms:
A system which enables transfers of securities and other financial assets which do not involve the physical movement of paper documents or certificates (e. g. the electronic transfer of securities). See also
dematerialisation
immobilisation<

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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