Shares of Stock Owned by an Individual but Held in a Brokerage

question 131

True/False

Shares of stock owned by an individual but held in a brokerage firm's name for ease of trading are said to be held in street name.

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Definitions:

Strong

Having the power to withstand or exert great force, durability, or influence, often used in various contexts such as physical strength, strong arguments, or strong economies.

Business Climate

The economic and regulatory environment that affects the operation, growth, and profitability of businesses.

Industrialized Countries

are nations that have highly developed industries and infrastructure, often characterized by high levels of income and technology.

U.S. Labor Law

The collection of federal and state laws governing employment relationships, workplace rights, and labor organization in the United States.