The acronym for the Committee on Uniform Securities Identification Procedures. "The CUSIP Service Bureau seeks to assign unique numbers and standardized descriptions [to securities] in a timely and accurate manner, using its best efforts to use primary or reliable sources of information."
Proposed by: Matthew Foss.
Source: http://www.cusip.com/cusip/cusip/index.html.
CUSIP number
A unique identifier for securities, consisting of nine alphanumeric characters. The first six uniquely identify the issuer. The next two (alphabetic or numeric) identify the issue. Two numeric digits indicate an equity issue. Two alphabetical characters or a mix of alphabetical and numerical indicate a debt issue. The ninth digit is the check digit.
Standard & Poor's owns and operates the CUSIP Service Bureau, which maintains the CUSIP system.
Proposed by: Matthew Foss
Source: http://www.cusip.com/cusip/cusip/index.html.
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