“The CUSIP used to indicate your tendered position (representing instructions submitted by Participants to surrender securities). For example, a contra-CUSIP is set up to complete a reorganization function.
– Contra: Items recorded in the contra account are specifically designed to offset other transactions, and are recorded as the opposite type of entry. If a debit is recorded in a related account, the contra account record will be a credit.
– CUSIP: A CUSIP is a nine-character alphanumeric code which identifies a North American financial security for the purposes of facilitating clearing and settlement of trades.”