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. Incremental Dividend

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

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

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

    A security not registered in the issuing corporation's books ...
  5. Custody-Only Trading

    A system in which shares must be registered to the holder by ...
  6. In Street Name

    A brokerage account where the customer's securities and assets ...
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. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  2. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  3. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
  4. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
  5. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  6. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
Trading Center