Indirect Party


Indirect Party
In the ESES context, a Client which does not hold a Securities Account but is authorised by a Direct Account Holder to send SBI instructions and/or SLAB instructions to the CSD on the Securities Account of the Direct Account Holder and, if applicable, on the Cash Account linked thereto, in the name and on behalf of the Direct Account Holder.

Euroclear glossary. 2008.

Look at other dictionaries:

  • Indirect Party — In the ESES context, a Client which does not hold a Securities Account but is authorised by a Direct Account Holder to send SBI instructions and/or SLAB instructions to the CSD on the Securities Account of the Direct Account Holder and, if… …   Financial and business terms

  • Party for Neighbourly Love, Freedom, and Diversity — Partij voor Naastenliefde, Vrijheid en Diversiteit Leader Marthijn Uittenbogaard …   Wikipedia

  • Indirect Loan — Any loan that is transferred from a dealer who originated the loan to a third party. Any buyer of indirect loans is known as a holder in due course and is now entitled to receive principal and interest payments. An example of an indirect loan is… …   Investment dictionary

  • Indirect Sales — The sale of a good or service by a third party, such as a partner or affiliate, rather than a company s personnel. Indirect sales may be used in conjunction with a company s direct sales efforts or may be used in lieu of hiring. Indirect sales… …   Investment dictionary

  • Indirect Method — A method for creating a statement of cash flows a company may use during any given reporting period. The indirect method uses accrual accounting information to present the cash flows from the operations section of the cash flow statement. Under… …   Investment dictionary

  • indirect leases — A form of lease financing in which the bank acquires or finances a lease transaction entered into by an end user and a third party. The third party is the lessor and the end user is the lessee. The bank is the lender to the third party if it… …   Financial and business terms

  • indirect primary — U.S. Politics. a primary in which members of a party elect delegates to a party convention that in turn elects the party s candidates. Cf. direct primary. * * * …   Universalium

  • indirect primary — U.S. Politics. a primary in which members of a party elect delegates to a party convention that in turn elects the party s candidates. Cf. direct primary …   Useful english dictionary

  • indirect representation — A third party who makes a customs declaration in their own name, but on behalf of a trader. HM Customs & Revenue Glossary …   Financial and business terms

  • Criticisms of Communist party rule — This article only discusses criticisms that are specific to Communist states and not necessarily to other forms of socialism. See criticisms of socialism and criticisms of Marxism for discussions of literature and viewpoints objecting to… …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.