bearer bond

noun

1. a bond not registered in anyone's name and payable to whoever possesses it.

Word History and Origins

Origin of bearer bond¹

First recorded in 1910–15

Example Sentences

And every once in a while, you’ll come across a movie that features bearer bonds as the mark of choice.

From Salon

With their keys, cryptocurrencies are, in some ways, more like old-time bearer bonds.

From New York Times

Hey presto, the rules were changed, and the tax – in this case, stamp duty on bearer bonds – was abolished.

From The Guardian

Because the bonds were “bearer bonds” and never traded on electronic markets, the hedge fund has dealt with many individuals and groups to collect physical certificates.

From Washington Post

That includes recent inquiries from the Securities and Exchange Commission and federal prosecutors in Brooklyn into the possibility of illegal sales of so-called bearer bonds and other unregistered securities to people in the United States.

From New York Times