NOBO

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.

Non-Objecting Beneficial Owner

A beneficial owner who has given his/her brokerage or bank permission to release his/her name and address to the publicly-traded companies in which the beneficial owner has stock. A beneficial owner is the effective owner of a security or asset, even though the security is actually held by the brokerage or bank. Registering oneself as a NOBO enables the company to contact the beneficial owner about the general meeting and give him/her other information.

Acronym

Definition

NoBo➣No Boundaries

NoBo➣Notified Body (railway standards compliance; various nations)

NoBo➣Non-Objecting Beneficial Owner

NoBo➣North Bounder (a hiker headed north on the Appalachian Trail)

NoBo➣National Organisation of Bank Officers