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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 from the Cambridge Business English Dictionary © Cambridge University Press)
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