bearer security


bearer security
A security whose owner is not registered on the books of the issuer. Exchange Handbook Glossary

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bearer security bearer security security

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bearer security UK US noun [C] (plural bearer securities) BANKING, FINANCE
a bond or share that is considered to be owned by the person who has it in their possession, rather than by a named person: »

Bonds may be registered or they may be issued in the form of bearer securities.


Financial and business terms. 2012.

Look at other dictionaries:

  • bearer security — see security Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bearer security …   Law dictionary

  • bearer security — bearer bond A security for which proof of ownership is possession of the security certificate; this enables such bonds to be transferred from one person to another without registration. No register of ownership is kept by the company in whose… …   Accounting dictionary

  • bearer security — bearer bond A security for which proof of ownership is possession of the security certificate; this enables such bonds to be transferred from one person to another without registration. This is unusual as most securities are registered, so that… …   Big dictionary of business and management

  • bearer security — /ˈbɛərə səˌkjurəti/ (say bairruh suh.kyoohruhtee) noun a security, usually money market security, which bears the instruction to pay the face amount of the security to the bearer of that security on its maturity. Also, bearer bill, bearer bond …   Australian English dictionary

  • bearer security — A security which runs to bearer according to its terms and not by reason of any indorsement. UCC § 8 102(l)(d) …   Ballentine's law dictionary

  • identifiable bearer security — ( TPI) Euroclear Clearing and Settlement glossary Based on the French legal framework, it is a service in Euroclear France that allows an issuer of bearer securities to request and obtain a list of, all or part of, securities holders registered… …   Financial and business terms

  • identifiable bearer security — (TPI) Based on the French legal framework, it is a service in Euroclear France that allows an issuer of bearer securities to request and obtain a list of, all or part of, securities holders registered on the custodians books (from the French… …   Euroclear glossary

  • bearer bond — bearer security …   Accounting dictionary

  • security — se·cur·i·ty /si kyu̇r ə tē/ n pl ties 1 a: something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation used his property as security for a loan b: surety see also …   Law dictionary

  • bearer — The person in possession of an instrument, document of title, or security payable to bearer or indorsed in blank. U.C.C. No. 1 201(5). When a check, note, draft, etc., is payable to bearer, it imports that such shall be payable to any person who… …   Black's law dictionary


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