Commercial Book-Entry System

Commercial Book-Entry System definition - finance
A system operated by the U.S. Treasury Department to sell Treasury bills, notes, and bonds to banks, brokers, and large institutional or individual investors. The Treasury, as well as all of its primary dealers, use this system, therefore making it easier to conduct trades. This system is different from Treasury Direct, which is the system used to sell securities to individuals.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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