Business Pitch Dictionary by pitch.dog
Shares, shareholders & voting · Core

Record date

Also called: books-closed date

ELI5

The date used to determine which holders are entitled to vote, receive a distribution or exercise another right.

Used in conversation

“Counsel wants record date clarified before anyone signs.”

Pitch context

You will see “Record date” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches shares, shareholders & voting.

Why it matters: In shares, shareholders & voting, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 4

Direct term-level sources and supporting source families.