National Savings Stock Register

National Savings Stock Register
An organization run by National Savingss and Investments from the Bonds and Stock Office in Blackpool. It enables members of the public to buy certain Treasury stocks and other gilt-edged security without going through a stockbroker; it thus provides an alternative to the main Bank of England Stock Register Purchases and sales are made by post and the interest paid is taxable, but is paid before deduction of tax (unlike the Bank of England Register). Because transactions are carried out by post, this method does not provide the maximum flexibility in a moving market.

Big dictionary of business and management. 2014.

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  • National Savings Stock Register — A register of holdings in gilts held by the National Savings Department. Instead of having their gilts registered with the Central Gilts Office, individuals may have their gilts registered at the NSSR. The usual way of holding gilts on the NSSR… …   Financial and business terms

  • the National Savings Stock Register — UK US noun FINANCE, STOCK MARKET ► in the UK, a list of government bonds that can be bought by the public through the Post Office: »Individuals can buy gilts themselves through stockbrokers or the National Savings Stock Register …   Financial and business terms

  • Bank of England Stock Register — The register of holders of government stocks (see gilt edged security) maintained by the Bank of England Purchases and sales of government stocks made by stockbrokers and banks are recorded on this register. Income tax on interest paid on these… …   Big dictionary of business and management

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