ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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FED BOOK ENTRY Definition
FED BOOK ENTRY is an electronic registration, transfer and settlement system for securities on the Federal Reserve System.
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FAIL is the failure of a transaction to be completed. In the settlement of a securities transaction, a fail occurs if the instrument is not paid for or not delivered.
T&R, among others, can mean: Technical & Research or Termination & Recoupment.