bearer bond

A bond payable to the person holding it.

• The transfer of possession transfers the bond’s ownership. Cf. registered bond. [Cases: Bonds 74, 86.]

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词条贡献者

资深译员王漾，毕业于一所旨在培养高级翻译专业人才的翻译院校，擅长翻译各类与雇主商业秘密相关的法律文件。