Question

What is a “bearer bond”?

What is a “bearer bond”?

Answer 1

A bearer bond is a type of bond that is owned by whoever holds the physical certificate, or "bearer" of the bond, rather than by a registered owner. Bearer bonds are unregistered, meaning that they do not have the owner's name on them, and can be transferred simply by passing the physical certificate from one person to another. This makes them more anonymous and easier to trade than registered bonds. Bearer bonds have become less common in recent years due to concerns about money laundering and terrorism financing.

Answer 2

A bearer bond is a type of bond that does not have the owner's name recorded. Instead, the person who has physical possession of the bond is the owner. Bearer bonds are considered less secure than registered bonds because they can easily be lost or stolen.

Answer 3

bearer bond is a type of fixed-income security in which physical possession of the bond document represents ownership. The bondholder is entitled to receive the principal and interest without the need for record-keeping or identification, making it anonymous and easily transferable.

Answer 4

A bearer bond is a type of bond where physical possession of the bond certificate is the sole evidence of ownership, and interest payments are made to whoever holds the bond.