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

法律翻译大智，毕业于世界顶级翻译学院，专注翻译各类与税务、财富规划服务和高管薪酬有关的法律文件。