What is Registered Owner?

Legal Definition
The term registered owner is usually used in instances of title of a vehicle (such as an automobile) to refer to the person who has right of possession of the vehicle, as opposed to the party that has right of property. The party that has right of property is referred to as a lienholder, and in the event the registered owner fails to pay off the lien according to the agreed-to terms, the lienholder has the right to invoke repossession of the vehicle.
-- Wikipedia
Legal Definition
Owner whose name is recorded in a security issuer's registers as the security's owner and is entitled to receive dividend or interest and principal payouts. Also called record holder.