book-entry bond
- A type of bond that is registered and tracked digitally, with no physical certificate as proof of ownership
- The investor chose to buy a book-entry bond, finding it to be a more secure, modern form of investment.
- Due to the digitized nature of the book-entry bond, physical loss or theft of the bond is not a concern.
- Her book-entry bond was safely recorded in the computerized registry, eliminating the need for a paper certificate.
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