registrar Hear it!

registrar definition - finance
A bank or trust company that is responsible for keeping a record of the owners of a companyÂ’s securities, such as bonds and stocks, and making sure that the authorized amount of stock in circulation is not exceeded. A companyÂ’s board of directors or its shareholders must approve any increase in the amount of authorized stock shares over the companyÂ’s authorized limit.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.