Investment Dictionary

CUSIP Number

CUSIP stands for the Council on Uniform Securities Identification Procedures. A CUSIP number is a unique nine-character alphanumeric code appearing on the face of each stock or bond certificate that is assigned to a security by Standard & Poor’s Corporation. CUSIP numbers are the property of the American Bankers Association (ABA) and are administered by Standard & Poor’s. The number is used to expedite clearance and settlement.

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