Define: Holder Of Record

UK Accounting Glossary

Definition: Holder Of Record



Advertisement



Full Definition of Holder Of Record


The holder of record is the name which appears on a company’s records as the registered owner of stock. The holder of record can be an individual or a business entity. The holder of record is not necessarily the individual who controls the stock (this is often true when the holder of record is a minor or when there are tax considerations), but dividends and other payments due on shares of stock are paid only to the holder of record. When the holder of record is known, the security is said to be a registered security. If the holder of record is unknown (not recorded), then the security is said to be a bearer security and may be freely traded by whoever possesses it.


Advertisement




Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/holder-of-record/
Modern Language Association (MLA):
Holder Of Record. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 29, 2020 https://payrollheaven.com/define/holder-of-record/.
Chicago Manual of Style (CMS):
Holder Of Record. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/holder-of-record/ (accessed: February 29, 2020).
American Psychological Association (APA):
Holder Of Record. PayrollHeaven.com. Retrieved February 29, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/holder-of-record/

Definition Sources


Definitions for Holder Of Record are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 9th February 2020.