Holder of Record

Holder of Record - Holder of Record is the name appearing on a company or corporations records books as the sole registered owner, or sole holder of the issued stock certificate. A business entity or an individual can be the holder of record. The holder of record is not always the individual who controls the stock. This is evident when the holder of record is a minor or when there are tax considerations. Dividends and other quarterly payments due on stock certificates are payable only to the holder of record. When the holder of record is know, the security then becomes a registered security.