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.]

---

词条贡献者

双语律师郭敏，国际知名商学院金融专业，擅长翻译各类与金融衍生品与结构化产品相关的法律文件。