Glossary of Municipal Securities Terms


The process of changing the registered owner of a security by (a) updating the list of registered bondholders of an issue and (b) if the security is certificated, issuing a new securities certificate (or, in some cases, reissuing the old certificate) with the new registered owner’s name imprinted on it. See: REGISTRAR; REGISTERED BOND; TRANSFER AGENT.

Search the Glossary


Browse Terms by Letter