Check, draft, or other Negotiable Instrument transferable to the holder by delivery, without endorsement. A Bearer Bond, such as a bond with detachable coupons, is not registered in the name of a particular owner and is payable to whomever receives it in good faith.
Pay to Bearer
| Banking Dictionary: Pay to Bearer |
| 5min Related Video: Pay to Bearer |
Learn More
 | Bill of Exchange (business term) |
| bank note |
| bearer |
Help us answer these
 | 1950 20.00 bill will pay to the bearer on demand? |
| What does 'pay to the bearer on demand' on a bill mean? |
| How much is a will pay to the bearer on deman 20 dollar bill? |
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 | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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