bearer stock

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Bearer Stock

A stock that contains no ownership information and whose physical bearer is presumed to be the owner. Bearer stocks may be bought and sold without endorsement. They are quite rare.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

bearer stock

Securities ownership certificates that are not registered in a name. As with other bearer securities, bearer stock is a negotiable certificate that can be transferred between owners without endorsement. Bearer stock is popular in Europe but not in the United States.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.