nominee account

См. также в других словарях:

• nominee account — Nominee accounts are set up by stockbrokers and are used for the purpose of administering assets held on behalf of their clients. Nominee accounts have become widespread since the introduction of the CREST system for share settlement. * * *… …   Financial and business terms

• nominee account — /ˌnɒmɪ ni: əˌkaυnt/ noun an account held on behalf of someone COMMENT: Shares can be purchased and held in nominee accounts so that the identity of the owner of the shares cannot be discovered easily …   Dictionary of banking and finance

• Nominee — A person or firm into whose name securities or other properties are transferred in order to facilitate transactions, while leaving the customer as the actual owner. A nominee account is a type of account in which a stockbroker holds shares… …   Investment dictionary

• Nominee Distribution — Interest income reported on IRS Form 1099 INT that a taxpayer designates as being the interest income of a different individual. A taxpayer may choose to make a nominee distribution if s/he jointly owns an account with someone who is not his/her… …   Investment dictionary

• Registered Retirement Savings Plan — A Registered Retirement Savings Plan or RRSP is an account that provides tax benefits for saving for retirement in Canada. RRSP refers to a provision in the Income Tax Act that allows a person to shelter financial property from income taxes.RRSPs …   Wikipedia

• Street name securities — In the United States street name securities are securities of publicly traded companies held electronically in the account of a stock broker, similar to a bank account. The actual shareholder is referred to as the beneficial owner. In the United… …   Wikipedia

• DTCC — See: Depository Trust and Clearing Corporation See Depository Trust & Clearing Corporation Euroclear Clearing and Settlement glossary * * *    Depository Trust Clearing Corporation. A US central depository for securities certificates and… …   Financial and business terms

• Agrowill Group — agricultural investment and development company, which controls 15 entities in Lithuania and Estonia that produce primary agricultural products and 23 land management companies. Agrowill Group became the first Lithuanian agricultural company with …   Wikipedia

• Eurobond — A Eurobond is an international bond that is denominated in a currency not native to the country where it is issued. It can be categorised according to the currency in which it is issued. London is one of the centers of the Eurobond market, but… …   Wikipedia

• Unit trust — A unit trust is a form of collective investment constituted under a trust deed.Found in Australia, Ireland, the Isle of Man, Jersey, New Zealand, South Africa, Singapore [Lee, Boon Keng and Ong, Andy. Personal Financial Planning in Singapore. INS …   Wikipedia

• Street name — Describes securities held by a broker on behalf of a client but registered in the name of the Wall Street firm. The New York Times Financial Glossary * * *    ► See Nominee Account …   Financial and business terms