stock record

Stock record

The accounting a brokerage firm keeps of all securities held in inventory.

Stock Record

A computer system allowing brokerages to keep accurate records of the securities in which they hold ownership. This is particularly important given the complexities of many transactions and the fact that brokerages hold legal ownership on behalf of clients most of the time. See also: Street name.

stock record

An account of the securities being held by a brokerage firm.