HomeDefinitionsCompareDebt NOBO (Non Objecting Beneficial Owner)The financial definition for NOBO (Non Objecting Beneficial Owner):A beneficial ("street") security holder who has not objected to his or her name being released to the Corporation, if the Corporation so requests. Similar MatchesBeneficial OwnerBeneficial OwnerAs used for most purposes under the federal securities laws. A beneficial owner of stock is any person or entity with sole or shared power to vote or dispose of the stock. This SEC definition is intended to include a holder who enjoys the benefits of ownership although the shares may be held in another name. Beneficial ownershipBeneficial ownershipOften used in risk arbitrage. Person who enjoys the benefits of ownership even though title is in another name. (Abused through the illegal use of a parking violation.) Click to compare definitions of NOBO (Non Objecting Beneficial Owner) Click to view definitions beginning no |