|
|
Title company |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Title companyA company that performs and insures title searches. Usually selected by the seller, they sometimes work as a lender's agent. Depending on the preferences of the seller, buyer and others involved in the sale, the closing might take place at the title company's offices.Title company Similar MatchesCompany specific riskCompany specific riskRelated: Unsystematic risk Quoted companyQuoted companySee: 'listed company'. Holding companyHolding companyA company which holds the majority of shares in its subsidiaries. Also known as the parent company. Close companyClose companyA company in which the directors control more than half the voting shares, or where such control is exercised by five or fewer people and their associates. Company representative (tied agent)Company representative (tied agent)A financial services sales rep, authorised to give financial advice on life assurance, pensions and unit trusts, but only allowed to recommend products from his/her employer. Unlike, IFAs, therefore, tied agents cannot be assumed to give impartial advice.Under the Financial Services Act 1986 all financial advisers must tell prospective clients whether they are tied agents or independent, so that the client knows what kind of advice he is getting.Tied agents are regulated by the Financial Services Authority (FSA). Further SuggestionsCost company arrangementBank holding company listed company Closed end management company Company doctor Trust company Public Utility Holding Company Act of 1935 Investment company Investment Company Act of 1940 Income investment company Diversified investment company Limited company Consumer finance company Leveraged investment company Intercompany transaction Closely held company Intercompany loan company doctor Export management company Stock insurance company Depository Trust Company Leveraged company Investment Company with Variable Capital Captive finance company Public Company |
|
|
|