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Registered Security

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Registered security
Used in the context of general equities. Securities whose owner's name is recorded on the books of the issuer or the issuer's agent, called a registrar.

Registered Security
A security with the owner's name printed on the certificate or, in the case of an electronic registration, where the owner's name is listed in a database. Registered securities contrast with bearer forms, which the person physically holding them is presumed to hold. Virtually all securities currently traded are registered securities; this has become truer as registration has become computerized.

registered security
A security, the certificate of which has the owner's name imprinted on its face. A record of current owners is kept by the issuer for purposes of transmitting checks, proxies, reports, and so forth. Nearly all securities are registered. Also called registered bond. Compare bearer form.


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Moreover, savings certificates are registered security & leaves no room for any discrepancy.
Moreover, savings certificates are registered security & leaves no room for any discrepancy.
 
 
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