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TeachMeFinance.com - explain Passing a name historic definition... Passing a name -- London Stock Exchange term ; consists in the passing by the buying broker to the seller of the name of the actual buyer for the purpose of preparing the transfer deed, so-called. If the jobber who sold to the broker is not (he generally is not) the real deliverer he passes the name on to his seller (the one who sells to him), and so on until the name reaches the broker or jobber who sold real stock and is prepared to deliver it. See Name day. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.