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.

More On This Topic
  1. What Does Fed OASDI/EE Mean on a Paycheck?
  2. What is FED MED/EE Tax?
  3. Marijuana: Recreational, Grow, & Medical Laws By State 2020
  4. Should I Freeze My Credit?
  5. How Do I Check On My Security Clearance Status?
  6. What Do I Do If I Lost My Social Security Card?
  7. How to Get a Job in Security and Loss Prevention Services
  8. What is the Security Exchange Commission?
  9. Best Way To Change Your Name On Your Social Security Card
  10. W-9s: What It Is, Who They’re For, & How To Fill It Out

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


Link to This Definition
Did you find this definition of BEARER SECURITY helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary