Holder of record
|The Jolly Contrarian’s Dictionary |
The snippy guide to financial services lingo.™
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 when derivatives, trusts, custody arrangements come into play.
- technical term