BOOK ENTRY

book entry. 1. A notation made in an accounting journal. 2. The method of reflecting ownership of publicly traded securities whereby a customer of a brokerage firm receives confirmations of transactions and monthly statements, but not stock certificates. See CENTRAL

CLEARING SYSTEM. [Cases: Brokers  23, 26. C.J.S. Brokers §§ 65, 67–69.][Blacks Law 8th]