- Securities whose ownership is recorded by the issuing corporation. The issuance of such securities stands in contrast to bearer securities, which are owned by whomever holds the relevant security certificate. Transfer of ownership related to a registered security is only finalized when the issue alters the name of the owner in its corporate ledger.
- Another name for “restricted stock.”
Teen: “Finders keepers.”
Dad: “In regards to what?”
Teen: “I found this stock certificate on the kitchen table, so now I can sell it and keep the profits of the sale, right?”
Dad: “That is a registered security, so my ownership has been recorded by the issuer. If that was a bearer security, you would benefit from possession. But as it is a registered security, you have no rights whatsoever.”