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Holder of Record

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Holder of Record
The name of the person who is the registered owner of a Security.
    
The name of an individual or entity that an issuer carries in its records as the registered Holder (not necessarily the beneficial owner) of the issuer's securities. Dividends and other distributions are paid only to holders of record. Also called shareholder of record or Holder of record or owner 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.
Posted by  Institute for International Research
 
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