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bearer bond

   Also found in: Financial, Wikipedia, Hutchinson 0.04 sec.
bearer bond
n.
A bond payable to the holder.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.bearer bond - a bond issued with detachable coupons that must be presented to the issuer for interest payments
bond certificate, bond - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
Translations
bearer bond nobbligazione f al portatore
bearer bond nobbligazione f al portatore


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However, this provision raises the same issue as with TINs: when an exempt bearer bond is sold through a broker or redeemed, the gross proceeds will be (and always have been) subject to information reporting and backup withholding (unless the holder is foreign or an exempt recipient).
Definitive municipal securities are registered or bearer bonds that have been issued by state and local governments with interest coupons in certificated or physical form.
Meanwhile, two-thirds of the bondholders must approve any restructuring and those bonds, Young said, are bearer bonds traded on the Luxembourg exchange.
 
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