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bearer instrument

   Also found in: Legal, Wikipedia 0.01 sec.
Bearer Instrument
A security that contains no ownership information and whose physical bearer is presumed to be the owner. Bearer instruments may be bought and sold without endorsement. Due to the increased digitization of the market, they are quite rare.

bearer instrument

A security that does not include the name of the owner or payee. Anyone in possession of the instrument may present it and receive payment.



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Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
If you take possession of a warehouse receipt, be aware that it’s an irreplaceable bearer instrument.
A corporation can remove the barrier by listing its stock as a bearer instrument on foreign exchanges.
Muling has increasingly drawn ordinary consumers--especially job seekers--into the employ of organized e-crime enterprises, specifically to facilitate the movement of cash and bearer instruments (e.
 
 
 
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