How Do I Get a Bookkeeping Certificate?
Book-entry securities refer to a written list of securities rights holders produced by a securities issuer in accordance with a statutory uniform format.
Book-entry securities
Right!
- Book-entry securities refer to a written list of securities rights holders produced by a securities issuer in accordance with a statutory uniform format.
- Book-secured securities do not have physical form. It records the types and amounts of securities held by the securities holders in the books by way of accounting. It has shown the securities rights enjoyed by the securities holders. Book-entry securities are conducive to reducing the costs of printing, inventorying and storage of securities, and have the characteristics of paperless securities. [1]
- Shares issued by public limited companies to the public generally use book-entry bonds, that is, shares are issued in the manner of recording shareholder accounts in securities registration and settlement institutions. With the development of science and technology, book-entry securities can also take the form of magnetic card or electronic, thus making it truly paperless.
- At present, China has issued book-entry securities such as book-entry securities and book-entry government bonds.