bearer bond investment & finance definition
A bond whose ownership is evidenced by whoever is holding it. The corporation that issued the bond pays the bearer the interest payments and ownership is not otherwise recorded.
Definition
Bearer bond
A bond that does not have the owner's name registered on the books of the issuing agency or company, and is payable to whomever holds the bond and bears it to the issuer for payment.
RELATED TERMS ...
Bearer bonds are accompanied with a series of coupons that are associated with the bond. Each one of these coupons usually represents a single interest payment that may be collected on the bond.
Bearer Securities/Bearer Bonds
It is a debt security issued by a business entity or government, which do not require registration in the name of the owner, and both the interest and the principal are paid to the bearer of the bonds.
Advertisement ...
Bearer bond
A physical bond that does not indentify its owner and is presumed to be owned by the person who holds it. In the United States, it has not been legal to issue bearer bonds in the municipal or corporate markets since 1982.
Bearer Bond
A bond that does not have the owner 's name registered on the books of the issuer. Interest and principal, when due, are payable to the owner.
Beginning Net Asset Value ...
Bearer bond A debt instrument having no owner's name on the issuer's books and no name inscribed on the certificate. They are payable to whoever holds (or "bears") them.
BEARER BOND - A bond that is presumed to be owned by the person who holds it.
Bearer bond Bonds on which the coupon and principal are payable to whoever has possession of the bond certificates; an unregistered bond. The only evidence of ownership is possession.
Bearer Bond - A type of bond that is issued by a firm without the owner's name registered on the books of the issuer. Interest and principal are paid to the holder or bearer.
Bearer bond: A bond issued in certificated form. There is no registration of the holder's name. The person in possession has title. It should therefore be in safekeeping. Coupons are detached and presented for payment.
Bearer bond
Bonds that are not registered on the books of the issuer.
Bearer bond
A bearer bond is a certificate that states the security's par value, the rate at which interest will be paid, and the name of the bond's owner.
Bearer Bonds
Bearer Bonds Bonds which are not registered to any individual, but are owned by the person who holds the bonds.
Bearer Bond: (See Coupon Bond)
Benchmark: A benchmark is an index used to compare risk and performance to a managed portfolio.
bearer bond An unregistered, negotiable bond on which interest and principal are payable... bearer instrument A negotiable instrument which is payable on demand to the holder, regardless of whom it was originally issued to.
Registered bond: A bond whose ownership is recorded on the books of the issuing corporation. A registered bond must be endorsed by the registered owner before it is transferrable (as opposed to a bearer bond).
 See also: Investment, Bond, Issue, Interest, Bonds
  
|
RSS
