beneficial owner
101street name — n: a brokerage firm s name in which securities owned by another (as an individual investor) are listed (as to expedite transfer at time of sale by avoiding handling of the actual certificates) Merriam Webster’s Dictionary of Law. Merriam Webster …
102In Street Name — 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 purchased the security or asset. Although the name on the certificate is not that of the… …
103Nigerian Scam — A scam where the sender requests help in facilitating the transfer of a substantial sum of money, generally in the form of an email. In return, the sender offers a commission, usually in the range of several million dollars. The scammers then… …
104Schedule 14D-9 — This schedule must be filed with the SEC when an interested party such as an issuer, a beneficial owner of securities or a representative of either, makes a solicitation or recommendation statement to the shareholders with respect to a tender… …
105Section 16 — A section of the Securities Exchange Act of 1934 that is used to describe the various regulatory filing responsibilities that must be met by directors, officers and principal stockholders. According to Section 16, every person who is directly or… …
106person — Under Title 11 U.S.C. Section 101: (41) The term person includes individual, partnership, and corporation, but does not include governmental unit, except that a governmental unit that (A) acquires an asset from a person (i) as a result of the… …
107UBO — Urban Box Office (Community » Media) * Ultimate Baseball Online (Community » Sports) * Uniform Business Office (Governmental » Military) * Ultimate Beneficial Owner (Business » International Business) * Unincorporated Business Organization… …
108StockWatch — A stock surveillance program offered by proxy solicitation firms, and selected transfer agents , to track and monitor sales and purchases of a corporation s shares and provide valuable information at the beneficial owner level. Bloomberg… …
109Mudarabah — Participation or trust financing. This arrangement involves two parties, the managing trustee (Mudarib) and the beneficial owner (Rab al Maal). Where Mudarabah is used as a method of financing, the financial institution will provide funds to the… …
110nominee 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. * * *… …
