bearer bond

American  

noun

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

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Etymology

Origin of bearer bond

First recorded in 1910–15

Example Sentences

If you lost your bearer bond or if it was stolen, you had no recourse - unless you could prove that it had been stolen.

From Salon • Oct. 16, 2024

As long as you physically had the bearer bond in your possession, it was yours.

From Salon • Oct. 16, 2024

If you had a government bearer bond, you simply had to visit a bank or credit union and cash it in.

From Salon • Oct. 16, 2024

Securities -- N. securities, stocks, common stock, preferred stock, bonds, puts, calls, options, option contract, warrants, commercial paper, bearer bond, tax-exempt bond, callable bond, convertable bond†. share, stock certificate; coupon, bond coupon. liquid assets.

From Roget's Thesaurus of English Words and Phrases by Roget, Peter Mark