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.

Name: 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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Question

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When shares are held in street name, they are registered under the brokerage firm's name on behalf of the client, facilitating easier trading without the need for physical transfer of certificates.

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