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Street Name

What Does It Mean?
What Does Street Name Mean?
When securities are held in the name of a broker or other nominee, as opposed to holding them in the customer's name.
Investopedia Says
Investopedia explains Street Name
Shares are held in street name because it makes transferring the securities easier. This is because they are held in the broker's custody, rather than having to register in the customer's name and physically transfer certificates.
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