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Look up Omnibus, omnibus, or omnibuses in Wiktionary, the free dictionary. Omnibus is the Latin for for all , and refers to a passenger-carrying vehicle, originally an enclosed horse-drawn one.
Ad. An alternative to an omnibus account is a âstreet accountâ in which the investor leaves the stock holding in the name of the broker. This kind of account can cause problems with direct stockholder participation, but it does make some kinds of investments more convenient.o, an omnibus account definition is not the same as a hedge fund definition, though both vehicles do use multiple investors or partnerships.