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Record Owner |
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Record OwnerThe owner of property as shown by an examination of the public record.Record OwnerThe stockholder of record as distinguished from the beneficial owner.Record Owner Similar MatchesHolder of recordHolder of recordThe owner of securities whose name is registered by the issuing company or its transfer agent as from a particular date. Record dateRecord date(1) Date by which a shareholder must officially own shares in order to be entitled to a dividend. For example, a firm might declare a dividend on Nov. 1, payable Dec. 1 to holders of record Nov. 15. Once a trade is executed, an investor becomes the "owner of record" on settlement, which currently takes five business days for securities and one business day for mutual funds. Stocks trade ex-dividend the fourth day before the record date, since the seller will still be the owner of record and is thus entitled to the dividend. (2) The date that determines who is entitled to payment of principal and interest due to be paid on a security. The record date for most MBS is the last day of the month, although the last day on which an MBS may be presented for the transfer is the last business day of the month. The record dates for CMOs and asset-backed securities vary with each issue. Date of recordDate of recordThe date by which a shareholder must own shares in order to qualify for a dividend. Stock recordStock recordThe accounting a brokerage firm keeps of all securities held in inventory. Unrecorded InstrumentUnrecorded InstrumentA deed, mortgage, etc., which is not recorded in the county recorder's office and, therefore, not protected under recording statutes. Valid between the parties involved, but not against innocent third parties. Further SuggestionsStockholder of recordCost records Recordation |
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