Common Stock BasicsCommon Stock Basics
4. Owners are also referred to as
.5.Street name: A brokerage account where the customer'ssecurities and assets are held in the name of the brokeragefirm, rather than you holding the stock certificate yourself. Thecustomer is still listed as the real or beneficial owner.6.Board of Directors: A group of individuals that are elected as, or elected to act as, representatives of the stockholders toestablish corporate management related policies and to makedecisions on major company issues. Such issues includethe hiring/firing of executives, dividend policies, optionspolicies and executive compensation. Every public companymust have a Board of Directors.