bearer certificate

bearer certificate bearer certificate certificate

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bearer certificate UK US noun [C] (also bearer note) BANKING, FINANCE
a document showing ownership of a bond or share, which is considered to be the property of the person who has it in their possession, rather than of a named person: »

Law enforcement officials have complained that the ability to hold stock in bearer certificate form makes it hard to investigate illegal operations.


Financial and business terms. 2012.

Look at other dictionaries:

  • bearer certificate — certificate which may be transferred …   English contemporary dictionary

  • bearer note — UK US noun [C] BANKING, FINANCE ► BEARER CERTIFICATE(Cf. ↑bearer certificate) …   Financial and business terms

  • certificate — A formal document used to record a fact and used as proof of the fact, such as stock certificates, that evidence ownership of stock in a corporation. Bloomberg Financial Dictionary Evidence of ownership of a company showing the number of shares… …   Financial and business terms

  • Bearer bond — A bearer bond is different from normal stock in that it is unregistered ndash; no records are kept of the owner, or the transactions involving ownership. Whoever physically holds the bearer bond papers owns the stock or corporation. This is… …   Wikipedia

  • bearer security — bearer bond A security for which proof of ownership is possession of the security certificate; this enables such bonds to be transferred from one person to another without registration. No register of ownership is kept by the company in whose… …   Accounting dictionary

  • bearer security — bearer bond A security for which proof of ownership is possession of the security certificate; this enables such bonds to be transferred from one person to another without registration. This is unusual as most securities are registered, so that… …   Big dictionary of business and management

  • certificate — cer·tif·i·cate 1 /sər ti fi kət/ n 1 a: a document containing a certified statement esp. as to the truth of something a birth certificate b: a document certifying that a person has fulfilled the requirements of and may practice in a specified… …   Law dictionary

  • certificate of deposit — certificate of deposit: a money market bond of a preset face value (as $10,000) paying fixed interest and redeemable without penalty only on maturity (as after two years) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. certificate of… …   Law dictionary

  • bearer security — see security Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bearer security …   Law dictionary

  • bearer securities — bearer securities; also bearer shares Securities where proof of ownership is a certificate rather than a register of holders. In the UK, companies are required to keep a register of members and so bearer shares are more common outside the UK.… …   Law dictionary

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