The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

BEARER BOND Definition & Legal Meaning

Law dictionary entry - legal definition of embargo

Definition & Citations:

A bond with no owner name on the record. The interest is paid to the party with the coupons. The principal is paid to the party redeeming it. The ownership passes simply by hand just like money. Refer to registered bond.

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