In street name

In street name

Holding shares electronically, as opposed to owning a physical stock certificate.

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Part of Speech: noun
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Industry/Domain: Financial services
Category: Stocks & securities
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Related terms

street

Sports; Cricket

A pitch which is easy for batsmen and difficult for bowlers. Sometimes called a road, highway, and various other synonyms for street.

street

Games; Poker

A street is another term for a dealt card or betting round, e.g. As in first street, second street, third street (flop), forth street (turn), fifth street (river)

street

Dance; African-American

An umbrella term used to describe dance styles that evolved outside of dance studios in any available open space such as streets, parks, school yards, raves, and nightclubs.

street

Weddings; Wedding gowns

Hemline falls to just cover the knee.

street

Financial services; General Finance

Means Wall Street financial community; brokers, dealers, underwriters, and other knowledgeable participants.

above par

Financial services; Stocks &securities

If bonds are re-sold on the secondary market, and if interest rates are lower that the bond's coupon rate, the bond will be sold at a premium, or above par.

P/E ratio

Financial services; Stocks &securities

The ratio of a company's current price per share and average earnings per share. The former is divided by the latter. A high ratio suggests high growth potential in the future.

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