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English definition of “bearer certificate”

bearer certificate

noun [C]     (also bearer note) BANKING, FINANCE
a document showing ownership of a bond or share , which is considered to be the property of the person who has it in their possession , rather than of a named person : Law enforcement officials have complained that the ability to hold stock in bearer certificate form makes it hard to investigate illegal operations .
(Definition of bearer certificate noun from the Cambridge Business English Dictionary © Cambridge University Press)
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