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    Definition of cusip number

    Dictionary of Banking Terms: cusip number
    cusip number

    nine digit identifier-seven numbers and two letters-identifying U.S. securities issued in book-entry or certificate form since 1970. The CUSIP numbering system (short for Committee on Uniform Securities Identification Procedures) was expanded in 1989 with the addition of foreign registered securities, identified by a nine-digit CUSIP International Numbering System (CINS).

    Dictionary of Finance and Investment Terms: cusip number
    cusip number

    number identifying all stocks and registered bonds, using the Committee on Uniform Securities Identification Procedures (CUSIP). Brokers will use a security's CUSIP number to look it up on a computer terminal to get further information. The CUSIP number will also be listed on any trading confirmation tickets. The CUSIP system makes it easier to settle and clear trades. Foreign securities use a similar identification system called the CUSIP International Numbering System (CINS).

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