Define: Shareholder Of Record

UK Accounting Glossary

Definition: Shareholder Of Record



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Full Definition of Shareholder Of Record


The shareholder of record is the person named on the company’s books as owning one or more shares of that company’s stock. Dividends or any other distributions made by the company are only made to the shareholder of record. The shareholder of record should not be confused with the beneficial owner of shares. The beneficial owner receives the benefits of stock ownership without being the shareholder of record. A beneficial owner may create a shareholder of record (often a child or other family member or a corporation) for tax or other purposes. Brokerage houses often keep shares in a “street name” rather than the name of the shareholder of record in order to facilitate future transactions. A shareholder of record may also be called a holder or owner of record.


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https://payrollheaven.com/define/shareholder-of-record/
Modern Language Association (MLA):
Shareholder Of Record. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. March 28, 2020 https://payrollheaven.com/define/shareholder-of-record/.
Chicago Manual of Style (CMS):
Shareholder Of Record. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/shareholder-of-record/ (accessed: March 28, 2020).
American Psychological Association (APA):
Shareholder Of Record. PayrollHeaven.com. Retrieved March 28, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/shareholder-of-record/

Definition Sources


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

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

This glossary post was last updated: 5th February 2020.