International Securities Identification Number (ISIN)

An International Securities Identification Number (ISIN) is a unique code used globally to identify specific securities like stocks and bonds. Comprising 12 characters, it helps investors, regulators, and traders accurately distinguish one security from another, reducing confusion in international markets. The ISIN includes information about the country of issuance and the specific security, making it easier to track and settle transactions across borders. Think of it as a standardized barcode for financial assets, ensuring clear identification regardless of language or market location.