Meryl Streep, who clinched an Oscars nomination for her role in the dark drama thriller "August: Osage County" has set a record by becoming the most Oscars-nominated actress. This is her 18th Academy Award nomination.

The second most nominated actress is the late Katharine Hepburn with 12 nominations. With four awards, Hepburn currently holds the record of an actress with the most wins. If Streep wins this year, she would tie for the honor.

However, according to Mail Online, it is unlikely that Streep would win this year, as Sandra Bullock and Cate Blanchett are strong contenders in this category.

Streep, 64, has already won three Academy awards for her work in "Kramer vs. Kramer" (1979), "Sophie's Choice" (1982) and "The Iron Lady" (2011).

Reacting to the news of the nomination, Streep released a statement saying, "I am so happy for our film that Julia (Roberts) and I have been nominated. We are both so proud of August: Osage County. This honor from the Academy, for which we are truly grateful, will help bring attention to our film from audiences across the country, which is thrilling."

In the movie, which is a film adaptation of Tracy Lett's Pulitzer Prize-winning play, Streep plays a foul-mouthed matriarch who is suffering from mouth cancer. Roberts, who has been nominated in the best supporting actress category, enacts the role of Streep's oldest daughter.

"This was certainly a once in a lifetime experience and the recognition from it is an absolutely thrilling bonus. I simply could not be more excited right now," Roberts said in a statement.

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