legal securities account


Euroclear glossary. 2008.

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  • legal securities account — See operational securities account ( OSA). Euroclear Clearing and Settlement glossary …   Financial and business terms

  • legal safekeeping account — ( LSA) Euroclear Clearing and Settlement glossary see securities account Euroclear Clearing and Settlement glossary …   Financial and business terms

  • legal safekeeping account — (LSA) see securities account …   Euroclear glossary

  • securities account control agreement — USA The agreement in which a debtor (known as the entitlement holder), secured party and securities intermediary maintaining the securities account have agreed that the securities intermediary will comply with instructions (known as entitlement… …   Law dictionary

  • securities account — USA An account to which a financial asset is or may be credited in accordance with an agreement whereby the financial institution maintaining the account undertakes to treat the person for whom the account is maintained as entitled to exercise… …   Law dictionary

  • operational securities account — (OSA) Euroclear Clearing and Settlement glossary In either the Domestic Service or the Full Service, a facility enabling a Party to manage a number of Securities Accounts on a consolidated basis. In the Domestic Service, a Party will be able… …   Financial and business terms

  • operational securities account — (OSA) In either the Domestic Service or the Full Service, a facility enabling a Party to manage a number of Securities Accounts on a consolidated basis. In the Domestic Service, a Party will be able through an OSA to manage a number of Securities …   Euroclear glossary

  • securities intermediary — USA Defined in the UCC as: • A clearing corporation. • A person, including a bank or broker, that in the ordinary course of its business maintains securities accounts for others and is acting in that capacity. (UCC §8 102(14).) …   Law dictionary

  • Securities Exchange Act of 1934 — The Securities Exchange Act of 1934 is a law governing the secondary trading of securities (stocks, bonds, and debentures). The Act, 48 Stat. 881 (June 6, 1934), codified at usc|15|78a et seq., was a sweeping piece of legislation. The Act and… …   Wikipedia

  • Securities Fraud Deterrence and Investor Restitution Act — The Securities Fraud Deterrence and Investor Restitution Act was USBill|108|H.R.|2179 and is a bill currently on the Union Calendar. Its official titles as introduced, is To enhance the authority of the Securities and Exchange Commission to… …   Wikipedia

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