Definition of "Bearer instrument"

Skip Young real estate agent
Skip Young, Real Estate Agent Exp Realty, LLC

Unregistered stock or bond that pays the holder dividends (if stock) or interest (if bonds) as well as the selling price when sold (if stock) or principal (if bonds are held to maturity). Bearer means the security does not list the owners name, but rather payment is made to whoever presents the coupon. An endorsement of the instrument is not required for transfer.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.


Popular Real Estate Terms

Popular Real Estate Questions