• Definition for "bearer bond"

bearer bond definition

  • noun:
    • A bond payable into the owner.
    • Bearer bonds are negotiable instruments that must be protected because of the owner to avoid loss. Interest is paid by voucher redemptions.
    • a bond given with detachable coupons that must definitely be provided to the issuer for interest repayments
    • A bond payable to your owner.
    • Bearer bonds tend to be negotiable instruments that really must be safeguarded by the owner to prevent loss. Interest is paid by coupon redemptions.
    • a bond given with detachable coupons that must be provided towards the issuer for interest repayments
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