Explicación termino
Accounting record which represents a set of rights over the financial content associated with a security. The person who is certified in the entries of the accounting record is presumed to own the security. The transmission of a book entry takes place by accountancy transfer, without the intervention of a public notary being necessary. The registration of the transfer is enforceable against third parties and has the same consequences as the transfer of physical deeds. The legitimation for the transfer and for the exercise of the rights derived from the securities represented by book entries can be accredited through producing certificates issued by the institutions responsible for the records. These certificates cannot be used for anything more than the accreditation of the legitimation, and it is not possible to use them as a traditional deed or to trade with them.