bearer bond

English

Noun

bearer bond (plural bearer bonds)

(law) A negotiable loan instrument payable to its holder (bearer) by the issuer according to preset conditions. The owner must safeguard bearer bonds to prevent loss; interest is usually paid by coupon redemptions.

Hyponyms

debenture

Translations

negotiable instrument

Finnish: haltijavelkakirja (fi)
German: Inhaberschuldverschreibung f
Irish: banna seachadóra m
Polish: obligacja na okaziciela f

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