A common practice today is to have shares of stock in the ________ , using the name of the broker as owner rather than you.

Question

Quizplus · Accepted Answer

The practice mentioned in the question is commonly referred to as holding shares in "street name," which means the shares are held by the broker rather than the individual investor, with the broker's name appearing on the securities records as the owner.

A Common Practice Today Is to Have Shares of Stock