bearer security

Definition

Share, bond, or debenture whose owner's name is not recorded (registered) in the register of the issuer, and which is payable to its holder or presenter. Ownership (title) of such securities is transferable merely by handing over or delivery and, therefore, they are secured with the same care as is cash. The main benefit of a bearer security is preservation of the owner's anonymity. Dividend or interest on bearer securities is claimed by presenting the attached coupon to the issuer or its agent.

单词	bearer security
释义	bearer security Definition Share, bond, or debenture whose owner's name is not recorded (registered) in the register of the issuer, and which is payable to its holder or presenter. Ownership (title) of such securities is transferable merely by handing over or delivery and, therefore, they are secured with the same care as is cash. The main benefit of a bearer security is preservation of the owner's anonymity. Dividend or interest on bearer securities is claimed by presenting the attached coupon to the issuer or its agent.
随便看	outstanding deposit outstanding premiums outstanding shares outturn outward collection outward credit overabsorption overage overage insurance overall market price coverage over and above work overapplied overhead overapplied overhead costs overbooking overbought overbought/oversold indicator overcapacity over capitalization over-certification over-collateralization overcontribution overdraft overdraft cap overdraft facility overdraft fee