Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “bearer”

See all translations

bearer

noun [C]
 
 
/ˈbeərər/ BANKING, FINANCE
someone who has in their possession a document, such as a bond or share, which they can legally exchange for a sum of money: Letters of credit are documents issued by banks which give the bearer the authority to draw a stated sum of money on the bank or its agencies. The bonds promised to repay the bearer the full amount, plus 25% in 20 years' time. The bonds are normally in bearer form, which means the physical holder of the certificate is deemed to be the owner. →  See also payable to bearer
(Definition of bearer from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of bearer?
Add Cambridge dictionaries to your browser to your website

Definitions of “bearer” in other dictionaries

Word of the Day

escapism

a way of avoiding an unpleasant or boring life, especially by thinking, reading, etc. about more exciting but impossible activities

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

showrooming noun

February 23, 2015
the activity of examining a product in a physical store and then making the purchase with an online retailer Amazon’s new smartphone is specifically designed to make showrooming fast and easy.

Read More