Glossary term

Registered Owner

This term has 2 definitions.

1. In legal records, the depository is the “Registered Owner” of securities due to its centralized registry system. This administrative designation simplifies transfers and settlements, though all monetary and voting rights still accrue to the actual (beneficial) owner.

2. The depository is listed as the registered owner of securities only for the purpose of record-keeping. It holds the securities on behalf of the beneficial owner and has no ownership rights like voting or receiving dividends

All terms beginning with R