Holder Of Record

AAA

DEFINITION of 'Holder Of Record'

The name of the person who is the registered owner of a security and who has the rights, benefits and responsibilities of ownership. The holder of record for a stock typically has shareholder voting rights and receives dividend payouts if there are any. The holder of record for a bond owns the bond and receives the principal and interest payments. When the owner sells the security, he or she ceases to be the holder of record.

INVESTOPEDIA EXPLAINS 'Holder Of Record'

Securities can be issued in either "registered" or "bearer" form. Registered form means the issuing firm keeps records of a security's owner and mails out payments to him/her. Bearer form means the security is traded without any record of ownership; physical possession of the security is the sole evidence of ownership. Presently, securities are mostly issued in registered form.

RELATED TERMS
  1. Stock Record

    An electronic system that helps brokerage firms keep track of ...
  2. Stock Power

    A legal power of attorney form that transfers the ownership of ...
  3. Incremental Dividend

    A series of regular increases to a corporation's dividend. Many ...
  4. Unpaid Dividend

    A dividend that is owed to stockholders of record but has yet ...
  5. Equalizing Dividend

    An additional dividend paid to eligible stockholders when their ...
  6. Bearer Form

    A security not registered in the issuing corporation's books ...
Related Articles
  1. Dissecting Declarations, Ex-Dividends ...
    Investing Basics

    Dissecting Declarations, Ex-Dividends ...

  2. How does the money from the interest ...
    Investing

    How does the money from the interest ...

  3. Please explain what a short seller is ...
    Active Trading Fundamentals

    Please explain what a short seller is ...

  4. What happens to the voting rights on ...
    Active Trading Fundamentals

    What happens to the voting rights on ...

comments powered by Disqus
Hot Definitions
  1. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  2. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  3. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  4. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  5. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  6. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
Trading Center