bearer bond

noun

1. a bond not registered in anyone's name and payable to whoever possesses it.

Word History and Origins

Origin of bearer bond¹

First recorded in 1910–15

Example Sentences

And every once in a while, you’ll come across a movie that features bearer bonds as the mark of choice.

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With their keys, cryptocurrencies are, in some ways, more like old-time bearer bonds.

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These were what are known as bearer bonds.

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Because the bonds were “bearer bonds” and never traded on electronic markets, the hedge fund has dealt with many individuals and groups to collect physical certificates.

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That includes recent inquiries from the Securities and Exchange Commission and federal prosecutors in Brooklyn into the possibility of illegal sales of so-called bearer bonds and other unregistered securities to people in the United States.

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