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Home > QFINANCE Dictionary > Definition of parking

Definition of

parking

  • 1.

    illegal transfer of stock to nominee the transfer of stock in a company to a third party such as a nominee or the name of an associate, often illegally

  • 2.

    temporarily keeping money in safe investments the practice of putting money into safe investments while deciding where to invest it in the longer term

Definitions of ’parking’ and meaning of ’parking’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’parking’ and other financial terms with our online QFINANCE Financial Dictionary.

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