Focus on the pronunciation of bearer form
English definition of “bearer form”
noun [U] BANKING, FINANCE, STOCK MARKET
› a situation in which a bond, cheque, share, etc. is considered to be owned by anyone who presents it for payment or has it in their possession, rather than by a named person: Nevada and Wyoming are the only states that allow corporate stock to be held in bearer form, which means the stock belongs to whoever possesses it.