What is BEARER SECURITY?

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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Related Legal Terms
BEARER BOND, BEARER FORM, REGISTERED SECURITY, BEARER, BEARER INSTRUMENT, BEARER PAPER, BOOK ENTRY SECURITY, DEFINITIVE SECURITY, AGENCY SECURITY, EXEMPT SECURITY


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