A security that can be transferred or redeemed by the holder, who may or may not be the BENEFICIAL OWNER. Many securities are issued in bearer form, which eliminates the time and expense associated with reregistration. See also REGISTERED SECURITY.
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A security that can be transferred or redeemed by the holder, who may or may not be the BENEFICIAL OWNER. Many securities are issued in bearer form, which eliminates the time and expense associated with reregistration. See also REGISTERED SECURITY.
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