- bearer security
- A security which runs to bearer according to its terms and not by reason of any indorsement. UCC § 8-102(l)(d).
Ballentine's law dictionary. Anderson, W.S.. 1998.
bearer security
Look at other dictionaries:
bearer security — see security Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bearer security … Law dictionary
bearer security — A security whose owner is not registered on the books of the issuer. Exchange Handbook Glossary * * * bearer security bearer security ➔ security * * * bearer security UK US noun [C] (plural bearer securities) BANKING, FINANCE ► a bond or share… … Financial and business terms
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
bearer security — /ˈbɛərə səˌkjurəti/ (say bairruh suh.kyoohruhtee) noun a security, usually money market security, which bears the instruction to pay the face amount of the security to the bearer of that security on its maturity. Also, bearer bill, bearer bond …
bearer bond — bearer security … Accounting dictionary
security — se·cur·i·ty /si kyu̇r ə tē/ n pl ties 1 a: something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation used his property as security for a loan b: surety see also … Law dictionary
identifiable bearer security — ( TPI) Euroclear Clearing and Settlement glossary Based on the French legal framework, it is a service in Euroclear France that allows an issuer of bearer securities to request and obtain a list of, all or part of, securities holders registered… … Financial and business terms
identifiable bearer security — (TPI) Based on the French legal framework, it is a service in Euroclear France that allows an issuer of bearer securities to request and obtain a list of, all or part of, securities holders registered on the custodians books (from the French… … Euroclear glossary
bearer — The person in possession of an instrument, document of title, or security payable to bearer or indorsed in blank. U.C.C. No. 1 201(5). When a check, note, draft, etc., is payable to bearer, it imports that such shall be payable to any person who… … Black's law dictionary
