bearer bonds

Bearer Bond

A 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 bonds

FINANCIAL SECURITIES which are not registered under the name of a particular holder but whose possession serves as proof of ownership. Such securities are popular in the US financial system but fairly rare in the UK, where the names of holders of STOCKS and SHARES are recorded in a company's SHARE REGISTER.

bearer bonds

FINANCIAL SECURITIES that are not registered under the name of a particular holder but where possession serves as proof of ownership. Such securities are popular in the American financial system but fairly rare in Britain, where the names of holders of STOCKS and SHARES are recorded in a company's share register.

单词	bearer bonds
释义	DictionarySeebearer bond bearer bonds Bearer Bond A 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 bonds FINANCIAL SECURITIES which are not registered under the name of a particular holder but whose possession serves as proof of ownership. Such securities are popular in the US financial system but fairly rare in the UK, where the names of holders of STOCKS and SHARES are recorded in a company's SHARE REGISTER. bearer bonds FINANCIAL SECURITIES that are not registered under the name of a particular holder but where possession serves as proof of ownership. Such securities are popular in the American financial system but fairly rare in Britain, where the names of holders of STOCKS and SHARES are recorded in a company's share register.
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