bearer paper Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “bearer paper” in the English Dictionary

"bearer paper" in Business English

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bearer papernoun [U]

uk   us   BANKING, FINANCE
any ​document such as a ​bond, cheque, or ​share that is considered to be ​owned by the ​person who has it in their ​possession, rather than by a named ​person: To ​qualify as a ​holder, a ​person must ​possessbearerpaper that has been properly ​endorsed.
(Definition of bearer paper from the Cambridge Business English Dictionary © Cambridge University Press)
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