Bearer instrument: Difference between revisions
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A valuable document, which does not bear the name of its legal owner and may be redeemed by whoever is in possession of it. Bearer instruments are not registered to the holder, and can therefore be transferred by delivery. | A bearer instrument is a valuable document, which does not bear the name of its legal owner and may be redeemed by whoever is in possession of it. | ||
Bearer instruments are not registered to the holder, and can therefore be transferred by delivery. | |||
Also known as a bearer security. | Also known as a bearer security. | ||
== See also == | == See also == | ||
* [[An introduction to debt securities]] | |||
* [[Bearer]] | * [[Bearer]] | ||
* [[Bearer bond ]] | * [[Bearer bond ]] | ||
* [[Holder in due course]] | * [[Holder in due course]] | ||
* [[Negotiable instrument]] | * [[Negotiable instrument]] | ||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 11:34, 16 July 2019
A bearer instrument is a valuable document, which does not bear the name of its legal owner and may be redeemed by whoever is in possession of it.
Bearer instruments are not registered to the holder, and can therefore be transferred by delivery.
Also known as a bearer security.
