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Book Entry

The financial definition for Book Entry:

Registered ownership of stock without the issuance of a corresponding stock certificate, as is the case with dividend reinvestment and direct purchase plans, employee plans and Direct Registration System issuances. Periodic statements of ownership are issued instead of certificates.




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Book entry securities

Book entry securities
System in which securities are not represented by paper securities but are maintained in computerized records at the securities 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 securities has developed, certificates reside in a central securities or by another securities. These securities do not move from holder to holder.


Double entry book keeping

Double entry book keeping
Accounting method that records each transaction as both a credit and a debit in different accounts.




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