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Bearer paper

Law Bawdy-houseBelief

Bearer Paper A negotiable instrument payable to whoever has possession of it, rather than being payable to a specific person.
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Bearer Paper
(n) Bearer Paper is the financial instrument which can be freely transferred by delivery and handing over of the document with or without the consent of the drawer of such document.

bearer paper
n. negotiable instrument (e.g. a bond) which is payable to whoever has possession (the bearer).

BEARER PAPER: A negotiable instrument which can be transferred by delivery. It does not require endorsement.
BENCH: Judge or judges composing a court.

Bearer paper
Definition
: commercial paper that is freely negotiable by the holder and is made payable to bearer
compare order paper in this entry ...

water-bearer
-fer (suffix)
-phore (suffix)
Bearer Bond, Bearer Form, or Bearer Paper (business term)
Bill of Exchange (business term)
Knapek (family name)
vexillary
Bearer Instrument
Pay to Bearer (in banking)
Order Paper (business term) ...

See also: Instrument, State, Claim, Negotiable, Law

Law Bawdy-houseBelief

 
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