uncertificated security

A share or other interest in property or an enterprise, or an obligation of the issuer that is not represented by an instrument but is registered on the issuer’s books. UCC § 8-102(a)(18).

• This term was called uncertified security in earlier versions of the UCC.

— Also termed (in BrE) dematerialized security.

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词条贡献者

译者Lorna，毕业于国内一流的法学院，擅长翻译各种与商业秘密相关的法律文件。