Business / Taxes / Street Name: Street name is a way to identify stock that is registered in a broker-dealer’s name rather than in the name of the actual, or beneficial, owner. Stock registered in street name is also said to be held in nominee name. The advantage of having your stocks registered in street name is that the shares are secure and at the same time can be traded more easily. That's because you don't have to sign and deliver the stock certificates before a sale can be completed. There’s an advantage from the broker-dealer’s perspective as well, since stocks held in street name can be used to complete a trade or in other transactions, subject to regulatory limits.
Name Noun Synonyms: personage, somebody, celebrity, star, superstar, hero, VIP, dignitary, luminary, big shot, bigwig, big cheese, big name
Name Adjective Synonyms: designation, label, appellation, term, tag, style, moniker or monicker, handle
Street Noun Synonyms: thoroughfare, way, road, roadway, high road, avenue, concourse, boulevard, lane, drive, terrace, circle, row, passage, alley, byway
Business / Taxes / Nominee Name: Nominee name is the name that a brokerage firm uses to register ownership of stocks or bonds it holds for investors. Holding stock in a single generic name, sometimes known as street name, makes it ea MORE
Business / Finance / Out Of The Name: Used in the context of general equities. To no longer have an active trading profile/position in the stock. MORE