bearer bond

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bearer bond

n.
A bond issued as a paper certificate without a registered owner and payable to the holder.

bear′er bond`


n.
a bond not registered in anyone's name and payable to whoever possesses it.
[1910–15]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.bearer bond - a bond issued with detachable coupons that must be presented to the issuer for interest paymentsbearer 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
References in periodicals archive ?
The Supervisory Board of Sberbank of Russia has decided to make changes to the Programme for certificated non-convertible exchange-traded bearer bonds with mandatory central storage series BO-01 BO-51 with a nominal value of RUB 500 bln, which were registered and admitted to trading on the MICEX Stock Exchange on January 10, 2013.
Pamela Young enjoys her easy life with her friends, aptly named the Band of Friends, until her life does a one-eighty when stolen bearer bonds mysteriously come into her possession.
THE DISPUTE originated in the 1920's when Germany issued series of bearer bonds in the USA for revitalition of its economy following the devastating effects of WWI.
Coats was due to be paid back PS100,000 for an PS85,000 investment and PS2million in bearer bonds when the deal was done.
Burnham, Raoul and Junior are searching for a fortune in bearer bonds, which just so happens to be in the panic room.
He had been convicted in England in 1992 for his involvement in a scam involving bearer bonds.
A mugger in London got more than he bargained for: the briefcase he stole contained pounds 292 million in bearer bonds.
They hide in a sanctuary called the panic room when three criminals besiege their home, searching for a fortune in bearer bonds, which just so happens to be in the panic room - where Meg and Sarah are hiding.
Furthermore, some bearer bonds "are almost equivalent to cash because they can be easily redeemed at financial institutions," a gift to money launderers.
marketed bearer bonds in the early 1980s by imposing stiff tax sanctions on U.
Fie had 23 million [pounds sterling]--then worth about $55 million, now maybe $100 million--in bearer bonds, which had to be delivered to another bank halfway across town by close of business, i.