https://www.seattletimes.com/business/the-motley-fool-how-long-is-long-term-investment/The Motley Fool: How long is ‘long-term’ investment
June 22, 2019 at 9:00 am
By Seattle Times staff
Beneficial owners
Q: What’s a “beneficial owner”?
A: A beneficial owner is the true owner of a security, such as a stock or a bond. It’s common these days for a brokerage to hold the stocks you’ve bought in your account in “street name” (i.e., the brokerage’s name) instead of putting the shares in your name. The shares still belong to you, though — you’re the beneficial owner.
Comments
Derf