e/Indirect holding system

Information
has gloss	eng: The indirect holding system (also multi-tiered holding system) is a system of securities clearance, settlement and ownership system most widely used in the world today. It consists of one or more tiers of intermediaries between issuer and investor. It is an evolution from the "direct holding system" in which owners of securities had a direct relationship with the issuer.
lexicalization	eng: indirect holding system
instance of	c/Securities