STREET NAME Definition

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STREET NAME, in securities, is securities held in the name of brokers, banks or their nominees, instead of in the customer's name.

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CURRENCY DENOMINATION see DENOMINATION.

NORMAL PROFIT is the opportunity cost of using entrepreneurial abilities in the production of a good, or the profit that could have been received by entrepreneurship in another business venture. Like the opportunity costs of other resources, normal profit is deducted from revenue to determine economic profit. It is, however, never included as an accounting cost when accounting profit is computed.

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