Meaning of “bearer security” in the English Dictionary

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"bearer security" in Business English

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bearer securitynoun [ C ]

uk us plural bearer securities BANKING, FINANCE

a bond or share that is considered to be owned by the person who has it in their possession, rather than by a named person:

Bonds may be registered or they may be issued in the form of bearer securities.

(Definition of “bearer security” from the Cambridge Business English Dictionary © Cambridge University Press)