Bearer Bond Definition
noun
A bond issued as a paper certificate without a registered owner and payable to the holder.
American Heritage
(law) Bearer bonds are negotiable instruments that must be safeguarded by the owner to prevent loss.Interest is paid by coupon redemptions.
Wiktionary
Synonyms:
- coupon bond
Other Word Forms of Bearer Bond
Noun
Singular:
bearer bond
Plural:
bearer bonds
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