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.
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).
Quoted companyQuoted company
See: 'listed company'.
Nominee companyNominee company
A company formed by a bank or other organisation which operates nominee accounts that is, the holding of shares for the beneficial owner.
Intercompany transactionIntercompany transaction
Transaction carried out between two units of the same corporation.
Investment companyInvestment company
A company which invests the funds of small private investors in a range of securities. This enables fund shareholders to partake in ownership of a diversified portfolio of shares. Investment companies are classified as either open end (mutual fund) or closed end (investment trust).
Further Suggestionscompany doctor
public limited company (plc)
Consumer finance company
Captive finance company
Foreign base company income
Regulated investment company
Investment Company Institute (ICI)
Export Trading Company (ETC)
Cost company arrangement
Investment Company with Variable Capital
Blue chip company
single company PEP
Joint stock company
company pension scheme
open ended investment company
Bank holding company
Leveraged investment company