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Street Name

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Street Name
When you buy securities through a brokerage firm, most firms will automatically put your securities into "street name.

 


Street name is one of the three ways of holding securities. The other two are: ...

street name
Bulk Segregation (finance term)
scheme (in marketing)
Free Right of Exchange (finance term) ...

Street name
A term used for describing a stock that is held in the name of a brokerage firm, instead of the actual purchaser of the stock.

Street Name
A term describing securities that are registered in the name of a brokerage firm, bank, or depository.

street 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.

Street Name
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.

Street Name
Stock ownership in which shares are registered to a brokerage or other financial institution and held.

Street name: A type of security registration where your stocks are held in the brokerage firm's name to facilitate trades.
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Street Name - Describes securities that are held by a broker on behalf of an investor but registered in the broker's name with the underlying
issuing company.

Street Name - 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.

Street name
Registration under which securities maybe held by a broker on behalf of a client but be registered in the name of the Wall Street firm.

See: Nominee; Street Name
Beneficiary
A person or entity who is the recipient of or will receive some or all proceeds of money or property held by the current owner upon a specified event or condition.

Shares or title may be held by a bank or broker for safety and convenience, or in "street name" to expedite transactions, but the real owner is the beneficial owner. (See street name) best ask ...

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.
Suitability ...

The brokerage holds the shares on your behalf in what is known as in street name, which is nothing more than a method of bookkeeping and has no affect whatsoever on your ownership of the stock.

Bulk Segregation - Bulk Segregation is stock owned by clients, but kept in the street name, which means the securities are being held in a specific brokerage for a specific client or customer and it is usually done to facilitate transactions, ...

Street Certificate (Street Name): Most people who own securities today do not physically have possession of the stock or bond certificates.

If you hold stock or bonds in street name with a broker, your broker should forward information from the company to you. If you hold a stock or bond in your own name, you should receive information directly from the company.

What Does It Mean If Stocks Are Held in a Street Name?
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One who benefits from owning a security, even if the security's title of ownership is in the name of a broker or bank ("street name").
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Price at which a buyer is willing to purchase a security.

This is another reason to leave your stock in street name. Unlike when you trade stock you need not pay taxes on the long term appreciation of your stock shares until you sell stock.

For example, free right of exchange permits a security owner to transfer a certificate from registered to bearer form or from street name to registration in the investor's name without paying a charge.

For example, a securities firm might hold securities in "street name" in its vaults or at a securities depository, with the beneficial owners of the securities only designated on the firm's records. Compare: BONDHOLDER.

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funds, the ability to transfer shares between funds in the same family by telephone request. There may be a charge associated with these transfers. Phone switching is also possible among different fund families if the funds are held in street name by ...

Transferring money between funds in the same mutual fund family by telephone request. There may be a charge associated with these transfers. Phone switching is also possible among different fund families if the funds are held in street name by a ...

They may also require the stock to be in your name rather than street name. If you call their shareholder services department, they are usually pretty happy to explain all the rules in simple to understand terms.

Basically, the clearinghouse will designate 100 shares of Company A to E*Trade and E*Trade will designate those 100 shares as yours. The actual stock certificates are typically held "in street name" and never really need to exchange hands (although ...

floating security A security which is bought and held in street name with the expectation that it will be quickly resold at a profit.

See also: Stock, Broker, Share, Market, Trading