Holder of record

From The Jolly Contrarian
Jump to navigation Jump to search
The Jolly Contrarian’s Dictionary
The snippy guide to financial services lingo.™

Index — Click ᐅ to expand:

Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Holder of record /ˈhəʊldə ɒv ˈrɛkɔːd/ (n.)
1. (In relation to running, jumping, pies etc.) One who has run faster, jumped higher, or eaten more pies than anyone else in the world. Roy Castle, for example.
2. (In relation to financial instruments in registered form): The person entered on the register as the legal owner of a registered security. A shareholder. Gets interesting[1] when derivatives, trusts, custody arrangements come into play.

See also

References

  1. technical term