stock of record
- noun
- Specialized
:
acción registrada
- It is important to become a stock of record holder before the record date to qualify for voting rights.
Examples
-
Only holders of stock of record on March 31st will receive the declared dividend.
-
The company declared a dividend for its stock of record holders.
-
When the company announced its merger, only those with stock of record were eligible for the special meeting.
-
Only those listed as stock of record will receive dividends.
-
Only shareholders listed as stock of record on the date of the dividend will receive their payments.
-
To be eligible for the bonus, you must be part of the stock of record as of last month's closing.
-
The company announced that the stock of record will be updated to reflect new shareholders next quarter.
Surface Forms
Morphology
The components 'stock' and 'record' give a clear clue — it refers to shares that are listed or officially recorded — so a learner who knows both words can infer the general idea. However, the phrase is a technical/legal collocation (’of record’ meaning officially registered on a specific date) and the precise implications (eligibility for dividends, formal register) are specialized and not fully predictable for a B1 learner, so it is only partially transparent.
Etymology
The noun stock of record comes from the old practice of writing the names of people who own shares in an official record book. If your stock was on that list on a certain date, you were the one to receive a 'dividend' or the right to 'vote', so the phrase now means being the registered owner on that date.
