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

译者Jenny，毕业于英国顶尖的高级翻译学院，擅长翻译各种与ERISA 诉讼相关的法律文件。