Practice which involves holding assets and securities in the name of a broker or brokerage firm instead of the name of the individual owner. Brokers rarely hold securities in paper form, instead opting for electronic certificates held in the broker's name. This is a common practice which facilitates fast and efficient trading. In street name does not change who the owner of the security is, nor negate the rights of that owner.
Related information about in street name:
- What does "in street name" mean, and why are securities held this ...
Aug 17, 2007 ... In almost every instance when you buy or sell securities with a broker, your name is not actually on the stock or bond certificate. The name that.
- In Street Name Definition | Investopedia
A brokerage account where the customer's securities and assets are held under the name of the brokerage firm, rather than the name of the individual who ...
- Street Name Definition | Investopedia
Securities are sometimes held in street name because it makes transferring the ... Securities held in street name remain in the broker's custody instead of having ...
- Street Name
Oct 5, 2005 ... Street Name. When you buy securities through a brokerage firm, most firms will automatically put your securities into "street name." This means ...
- In Street Name - Financial Dictionary - The Free Dictionary
Describing securities where a brokerage holds legal ownership on behalf of a client. Even though the client is the actual owner, the brokerage holds title to the ...
- In Street Name Definition & Example | InvestingAnswers
We explain the definition of In Street Name, provide a clear example of how it works and explain why it's an important concept in business, finance & investing.
- Street name - Wiki | The Motley Fool
A broker-dealer may hold shares in street name on behalf of the customer, ... When shares are held in street name, the broker dealer is responsible for their ...
- What is in street name? definition and meaning
Definition of in street name: Practice which involves holding assets and securities in the name of a broker or brokerage firm instead of the name of the individual ...