Born John Stephen Sudduth in Louisiana, Mikky Ekko had a restless childhood as the son of a preacher, moving around America's deep south. Having settled briefly in Tupelo, Mississippi, and absorbed as much gospel as he could, he relocated to Nashville, Tennessee, and started playing in bands.
In the vast majority of cases, all these securities are held in the name of your brokerâs nominee company. A nominee company is a custodian charged with the safekeeping of investorsâ securities. It should be a separate entity from the broker itself. Your investments are held for you â on trust â in a nominee account. This means that while the nominee is the legal owner of the securities, you retain actual ownership as the beneficiary.
an assurance that anotherâs obligation will be fulfilled, or something presented as such security; guaranty (defs 1, 2). something that assures a particular outcome or condition: Wealth is no guarantee of happiness. a person who gives a guarantee or guaranty; guarantor. a person to whom a guarantee is made. to secure, as by giving or taking security: A credit card guarantees your reservation at the hotel. to make oneself answerable for (something) on behalf of someone else who is primarily responsible: to guarantee the fulfillment of a contract.