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Meredith
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Book-entry securities are recorded in electronic records called book entries, no paper certificate is given to investors. An investor who purchases a stock can request a paper certificate, but companies are no longer required by law to issue paper certificates.
Stocks held in book-entry form have the same value, rights and privileges as shares held in certificate form. Holding book-entry securities is convenient, as you do not have to preserve physical stock certificates, and trading them is faster.
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