Are securities belonging to a client of a brokerage firm registered in the name of the brokerage firm.
When securities have been bought on margin or when the customer wishes the security to be held by the broker/dealer, the securities are registered and held in the broker/dealer's own firm name.
refers to the registered holder of a security when it is held in the broker's name, rather than in the name of the person who owns the stock.
The term given to securities held in the name of a brokerage on behalf of a customer, usually done to facilitate subsequent transactions. see also bulk segregation, beneficial owner.
Term applying to securities held in the name of someone other than the actual owner, such as in the name of a broker or dealer. Holding securities in your broker's street name can make a sales transaction easier to complete.
Used to describe registration of a customer-owned security in the name of the brokerage firm holding the certificate. A security is held in street name to simplify trading because no delivery of or signature on the certificate is required, or because the certificate is being used as collateral in a margin account.--See also Delivery Instructions
an alternative name that a person chooses or is given (especially in inner city neighborhoods); "her street name is Bonbon"
a slang term for something (especially for an illegal drug); "`smack' is a street name for heroin"
the name of a brokerage firm in which stock is held on behalf of a customer; "all my stocks are held in street name"
a colloquial name given to a drug other its popular or chemical names
Ownership of shares, which are held for the benefit of the shareholder in a brokerage account, and are not reflected in the shareholder's name on the records of the corporation. See also Shareholders of Record.
Securities held for a client in the name of a broker, usually when the securities were bought on margin or when the client is an active trader.
Registration in Raymond James' name with no client reference. Used for no load funds and clearing accounts.
A phrase describing securities held in the name of a broker or another nominee instead of a customer.
Securities held in a broker's name rather than the owner's. Stocks bought on margin are always held in a street name.
Street name shares are those held electronically in your brokerage account. Electronically held shares facilitate efficient trading and settlement of your shares.
Registration of securities in the name of a broker bank or other third party instead of the owner. Facilitates transfer of record ownership and the clearance and settlement of securities transactions.
Securities registered in the name of the brokerage firm but credited to the account of a client. A security is held in street name to simplify trading because no certificate delivery or signature is required. In margin accounts, securities must be held in street name.
The name of the broker-dealer or its nominee in which title to customer securities may be held as a service. Holding securities in street name facilitates trading, and customers do not need to worry about safekeeping.
Term given to securities held in the name of a broker on behalf of a customer. This arrangement allows shares to be transferred easily. If the stock were registered in the customer's name rather than the broker's name, physical certificates would need to be transferred. (See beneficial owner )
Securities held in the name of a broker instead of a customer's name are said to be carried in "street name." This occurs when the securities have been bought on margin or when the customer wishes the security to be held by the broker.
When certificates for shares owned by an investor are issued and held in the name of a nominee. Securities firms, often own all or part of a nominee corporation, used exclusively as the street name in which securities are held for its customers. The reason is to make shares more quickly available for transfer in the event they are sold. Sometimes, a street name is used to conceal the identity of the real owner from corporate management or others.
The holding of a security in the name of a broker.
A name other than that of the beneficial owner (e.g., a broker-dealer) in which stock may be recorded, usually to facilitate resale.
Securities held in the name of a broker/dealer instead of the customer's name. This occurs when the securities have been bought on margin or when the customer (the beneficial owner) wishes the security to be held by the broker/dealer (the nominal owner).
Refers to securities usually held in a broker’s name that are owned by customers. This makes trading much easier because there is no need for transferral of certificates by the customer.
A term used to refer to securities held in the name of brokers, or their nominees, instead of being registered in the customer's name
term for securities a broker holds on behalf of a customer, an arrangement designed to facilitate transfer of shares
The term used to describe securities that are held in the name of your brokerage firm but that still belong to you.
Said of securities held in the name of the broker-dealer rather than in the name of the client. The client remains the beneficial owner. All dividends that would otherwise be mailed directly from the company to the stockholder are credited to the client's account or forwarded as the client directs. Corporate reports and proxy statements are forwarded to the customer. See: Beneficial Owner; Nominee; Proxy Statement
A form of registration in which securities are registered in the name of a brokerage firm, bank, or depository; it is acceptable as good delivery.
The registration of bonds in the name of a dealer or other third party instead of the owner, usually for custodial or safe keeping purposes. This also facilitates buying and selling from the account. The bond holder gets a monthly statement of the bonds in the account.
Securities held in the name of brokers, or banks, or their nominees, instead of in the customer's name.
Securities held in the name of a brokerage firm or its nominee rather than the customer's name. All securities purchased on margin and those the customer wishes to have the broker hold are held in street name. Since the securities are in the broker's custody, transfer of the shares at the time of sale is easier than if the stock were registered in the customer's name and physical certificates had to be transferred.
Indicates that a stock certificate is in the name of a brokerage house.
Describes securities held by a broker on behalf of a client but registered in the name of the broker or another nominee.
A street name or odonym is an identifying name given to a street. The street name usually forms part of the address. Buildings are often given numbers along the street to further help identify them.