| 释义 |
bearer bond
bearer bondn. A bond issued as a paper certificate without a registered owner and payable to the holder.bear′er bond`
n. a bond not registered in anyone's name and payable to whoever possesses it. [1910–15] Thesaurus| Noun | 1. |  bearer bond - a bond issued with detachable coupons that must be presented to the issuer for interest paymentscoupon bondbond certificate, bond - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal |
TranslationsBearer bond
Bearer bondBonds that are not registered on the books of the issuer. Such bonds are held in physical form by the owner, who receives interest payments by physically detaching coupons from the bond certificate and delivering them to the paying agent.Bearer BondA bond containing no ownership information and, therefore, the physical holder is presumed to be the owner. Coupons on bearer bonds are physically attached to the bonds and must be presented to the issuer to receive interest payments. Bearer bonds have not been issued in the United States since 1982, thus making them significantly less important. See also: Clip.bearer bond A debt instrument that does not have an owner name listed in the issuer's books or inscribed on the certificate. Because no record of ownership exists, bearer bonds are favored by investors who, illegally, want to avoid paying gift, estate, and local taxes. The issuance of new municipal bonds in bearer form was prohibited beginning in 1983. Also called coupon bond. See also coupon clipping.Bearer bond.A bearer bond is a certificate that states the security's par value, the rate at which interest will be paid, and the name of the bond's owner. In the past, bearer bonds came with detachable coupons that had to be presented to the issuer to receive the interest payments. That practice explains why a bond's interest rate is often referred to as its coupon rate. Unlike most bonds issued in the United States since 1983, which are registered electronically, a bearer bond isn't registered, and there's no record of ownership. This means it can be sold or redeemed by the person or organization that holds it. Bearer BondA bond that has no owner's name registered on the books of the issuing company and is therefore payable to the holder.bearer bond
Synonyms for bearer bondnoun a bond issued with detachable coupons that must be presented to the issuer for interest paymentsSynonymsRelated Words |