Stocks that are held in the name of the brokerage firm instead of the name of the investor are said to be held in the "street name," typically the case with most shares traded on a stock exchange, as it makes the subsequent sale of the shares faster and easier. Buyers wishing to take delivery of a stock certificate can do so, but it will cost roughly $25 and will delay the process of reselling the shares at a later date.
Browse by Subjects
See All Related Terms »
Series 7 License
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):