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TERM OF THE DAY

An International Securities Identification Number (ISIN) is a 12-digit alphanumeric code that uniquely identifies a specific security. The organization that allocates ISINs in any particular country is the country's respective National Numbering Agency (NNA).

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International Securities Identification Numbering (ISIN) system codes various securities with unique identification numbers. Read more

What Is Clearing? Definition, How It Works, and Example

Clearing is when an organization acts as an intermediary to reconcile orders between transacting parties. A clearing bank approves checks for payments. Read more

What Is a CUSIP Number, and How Do I Find a Stock or Bond CUSIP?

The CUSIP number is an identification number assigned to all stocks and registered bonds by The Committee on Uniform Securities Identification Procedures. Read more

What Is the International Organization for Standardization (ISO)?

The International Organization for Standardization (ISO) is an international nongovernmental organization made up of national standards bodies. Read more

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