CUSIP Definition

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CUSIP is Committee on Uniform Securities Identification Procedures. A standard nine-character alphanumeric system used to identify security issues.

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COMMON EQUITY is the result of subtracting redeemable and non-redeemable preferred stock from total equity.

CURRENT ACCOUNT in a national economy it is a category in the balance of payments account that includes all transactions that either contribute to national income or involve the spending of national income.

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