bearer bond

English

Noun

bearer bond (plural bearer bonds)

1. (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