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Definition Of:

book-entry system

Bible DictionaryEuropean Central Bank Dictionary
An accounting system that permits the transfer of securities and other financial assets without the physical movement of paper documents or certificates (e.g. the electronic transfer of securities).
See also:
 dematerialisation    
Copyright © 2006, European Central Bank, Frankfurt am Main, Germany. This information may be obtained free of charge through the ECB's website.

 

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