bearer bond - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “bearer bond”

bearer bond

noun [C]
 
 
BANKING, FINANCE
a bond that is considered to be owned by the person who has it in their possession, rather than by a named person: The former secretary at a brokerage firm stole a customer's bearer bonds from the office and cashed them for her personal use. →  Compare registered bond
(Definition of bearer bond from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of bearer bond?
Add Cambridge dictionaries to your browser to your website

Word of the Day

decider

a final game or competition that allows one person or team to win, or the winning point scored

Word of the Day

What’s All The Commotion About? (Words to describe sounds)

by Kate Woodford,
May 20, 2015
​​​ In this post we look at a range of words and phrases that we use to describe noise and the absence of noise. Starting with complete quiet, we sometimes use the noun hush to describe silence: A hush fell over the room as the bride walked in./There was a deathly hush (=complete

Read More 

ancestral health noun

May 25, 2015
diet based on the presumed diet of our Palaeolithic ancestors ‘Ancestral health,’ to use a term popular among Paleo followers, has gone mass.

Read More