Definition of Bond to bearer

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TeachMeFinance.com - explain Bond to bearer




historic definition...

Bond to bearer -- English term for a coupon bond that is, a bond not registered in the name of the owner on the books of the company or government issuing it, but transferable like money by merely passing from one to another, the interest payments being represented by coupons which are detachable and payable to bearer.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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