Stock Record
A system that helps brokerage firms keep track of the position and physical location of the securities they are holding. Investopedia Says:
The stock record displays the names of the owners as well as the names of the securities. Since today's brokerage firms hold shares in street name for investors, accurate bookkeeping is necessary for keeping track of the actual owners of the securities. Related Terms:
Bearer Form
Holder of Record
In Street Name
Stock
Stock Power |