Bearer bond

Noun

Word Frequency: 0.0

Definitions

1.NounA 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.

Synonyms

coupon bond bond bearer bondholder registered bond bond issue callable bond bond for deed bonded debt serial bond government bond counterbond

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