An unregistered, negotiable bond on which interest and principal are payable to the holder, regardless of whom it was originally issued to. The coupons are attached to the bond, and each coupon represents a single interest payment. The holder submits a coupon, usually semi-annually, to the issuer or paying agent to receive payment. Bearer bonds are being phased out in favor of registered bonds. also called coupon bond.
Related information about bearer bond:
- Bearer bond - Wikipedia, the free encyclopedia
A bearer bond is a debt security issued by a business entity, such as a corporation, or by a government. It differs from the more common types of investment ...
- Bearer Bond Definition | Investopedia
A fixed-income instrument that is owned by whoever is holding it, rather than having a registered owner. Coupons representing interest payments are likely to be ...
- Bearer Bonds: From Popular To Prohibited
Jan 21, 2012 ... One reason that an investor might choose to receive a bearer bond certificate is because it is a very easily negotiated debt instrument. However ...
- What is a bearer bond, are they still available?
Are Bearer Bonds still available? Bearer bonds were made illegal to issue in the USA by the USA in 1982. There are still some older bearer bonds in circulation ...
- Strange Inconsistencies in the $134.5 Billion Bearer Bond Mystery ...
Jun 16, 2009 ... Here's yet another huge financial story that has been virtually blacked out by the US financial media. Although on the surface, this story appears ...
- bearer bond - definition of bearer bond by the Free Online Dictionary ...
Noun, 1. bearer bond - a bond issued with detachable coupons that must be presented to the issuer for interest payments. coupon bond · bond certificate, bond ...
- Bearer Bond - Financial Dictionary - The Free Dictionary
Bonds that are not registered on the books of the issuer. Such bonds are held in physical form by the owner, who receives interest payments by physically ...
- What is bearer bond? definition and meaning
Definition of bearer bond: An unregistered, negotiable bond on which interest and principal are payable to the holder, regardless of whom it was originally ...