A standard CUSIP is broken down into three distinct segments:
CUSIP (pronounced "Q-sip") stands for the . It is a system of unique nine-character alphanumeric identifiers used to track and facilitate the clearing and settlement of financial instruments in the U.S. and Canada. Core Purpose and Utility
: It was established in 1964 to solve the "paper crunch" on Wall Street by standardizing how securities are recorded and tracked in computerized systems.