Entitlement Order | Practical Law
Entitlement Order
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Entitlement Order
Practical Law Glossary Item 8-383-2180
(Approx. 2 pages)
Glossary
Entitlement Order
A notification communicated to a
securities intermediary
directing transfer or redemption of a
financial asset
to which the
entitlement holder
has a
security entitlement
(
UCC § 8-102(a)(8)
). For more information on entitlement orders and security interests in securities accounts, see
Practice Note, UCC Creation, Perfection, and Priority of Security Interests
.