Definition, Meaning & Synonyms
CUSIP Number
Noun
ˈkyuːsɪp
Definition
A CUSIP number is a unique identifier for securities, including stocks and bonds, used in the United States.
Examples
- Each bond issued has a specific CUSIP number for identification purposes.
- Investors often check the CUSIP number before making any transactions.
- The CUSIP number simplifies the process of buying and selling securities.
Meaning
The CUSIP number helps investors and institutions identify and track financial instruments.
Synonyms
- Security Identifier
- Financial Identifier
