bearer stock

bearer stock definition - business

bearer stock

Securities ownership certificates that are not registered in a name. As with other bearer securities, bearer stock is a negotiable certificate that can be transferred between owners without endorsement. Bearer stock is popular in Europe but not in the United States.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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