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单词 direct registration system
释义

direct registration system

Definition
A system which provides for the electronic registration of securities on the books of the issuer. The system allows the securities to be transferred electronically so the investor does not need a certificate in order to take ownership over the investment. Instead of a certificate, the investor will be given a statement from the issuer or transfer agent evidencing his ownership.
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更新时间:2025/2/2 16:03:56