Meaning of “bearer paper” in the English Dictionary

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"bearer paper" in Business English

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bearer papernoun [ U ]


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 possess bearer paper that has been properly endorsed.

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