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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DEFERRED REVENUE EXPENDITURE see DEFERRED EXPENDITURE.

OPERATIONAL GEARING is the higher the proportion of fixed costs relative to variable operating costs, the higher the operational gearing. This results in greater business risk. A retailer has high fixed costs relative to variable costs, so has a lot of business risk. See GEARING and FINANCIAL GEARING.

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