BEARER

bearer

bearer. One who possesses a negotiable instrument marked “payable to bearer” or indorsed in blank. [Cases: Banks and Banking 137; Bills and Notes 118, 153. C.J.S. Banks and Banking §§ 328, 330; Bills and Notes; Letters of Credit §§ 80, 82, 128.]

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bearer

bearer n. 持票人;持有人 持有各种票据、文件或指示向持有人支付、或空白背书证券的人。当一张支票或汇票指示向持有人支付时,即表明一经持有人提示必须给予支付。(→payable to bearer)

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