Holder Of Record

What Does It Mean?
What Does Holder Of Record Mean?
The name of the person who is the registered owner of a security.
Investopedia Says
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.
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