Book Entry
/ˈbʊk ˈɛntri/
Definitions
- (n.) A record of ownership or transactions in financial or legal documentation maintained electronically without physical certificates.
The investor preferred to hold her shares in book entry form to avoid handling physical certificates.
Forms
- book entry
Related terms
See also
Commentary
Book entries simplify transfer and ownership tracking by eliminating physical certificates, a practice common in modern securities and property recordkeeping.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.