bearer Definition in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of "bearer" - Business English Dictionary

See all translations

bearer

noun [C]
 
 
/ˈbeərər/ BANKING, FINANCE
someone who has in their possession a document, such as a bond or share, which they can legally exchange for a sum of money: Letters of credit are documents issued by banks which give the bearer the authority to draw a stated sum of money on the bank or its agencies. The bonds promised to repay the bearer the full amount, plus 25% in 20 years' time. The bonds are normally in bearer form, which means the physical holder of the certificate is deemed to be the owner. →  See also payable to bearer
(Definition of bearer from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of bearer?
Add Cambridge dictionaries to your browser to your website

Definitions of “bearer” in other dictionaries

Word of the Day
lap

to go past someone in a race who has been round the track one less time than you

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More