bearer bond
noun
a bond not registered in anyone's name and payable to whoever possesses it.
Origin of bearer bond
1First recorded in 1910–15
- Compare registered bond.
Words Nearby bearer bond
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use bearer bond in a sentence
However, with the shift initially ushering in only paperless bearer bonds—shares and mutual funds will come later—the sector says this move doesn’t go far enough.
Germany prepares to put some financial securities on the blockchain | David Meyer | December 16, 2020 | Fortune
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