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stockholder of record

stockholder of record

7.1
A person or company whose name appears on the company's list of owners of shares on a certain date
  • noun
  • /ˈstɑkˌhoʊldər əv ˈrɛkərd/
  • Formal
translation icon : accionista registrado
  • The increase will be payable on Dec. 31 for stockholders of record as of Dec. 1.

Examples

  • The company also announced a special cash dividend of $5 a share, payable on November 30, 2012, to stockholders of record as of November 19, 2012.

  • The company also announced a special cash dividend of $5 a share, payable on November 30, 2012, to stockholders of record as of November 19, 2012.

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  • Anyone who was a stockholder of record gets the dividend and then the guy after that the, the, the you don't get that dividend.

  • Teavana stockholders of record will receive $15.50 per share in cash in the merger, which will result in Teavana becoming a wholly-owned subsidiary of Starbucks.

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  • It will be payable on Aug. 20 to stockholders of record at the close of business on July 20.

Surface Forms

Morphology

stockholder + of + record

The meaning is directly derivable from the parts: 'stockholder' (share owner) combined with 'of record' (literally 'in the official records' given the sense of 'record' as written evidence) yields 'the shareholder whose name appears in the corporation's records.' The 'of + noun' possession/qualification pattern is common and predictable, so a B1 learner who knows the constituent words will very likely infer this sense.

Etymology

Stockholder of record comes from the image of a company keeping one list, a record, of who owns shares. If your name is on that list on a given day, you are the stockholder who can 'receive payments' or 'vote', so the phrase means the person officially listed as the 'owner' on that date.