Definitions
There is 1 meaning of the phrase
Bearer Stock.
Bearer Stock - as a noun
A stock that contains no ownership information and whose physical bearer is presumed to be the owner.
Example: "Bearer shares are banned in some countries, because of their potential for abuse."
Synonyms (Exact Relations)
bearer shareExample Sentences
"Investors who hold bearer stock can transfer it simply by physically handing over the stock certificate."
"The advantage of bearer stock is that it can be easily traded anonymously without any record of ownership."
"Some countries have abolished bearer stock due to concerns about facilitating money laundering and other illicit activities."
"Banks and financial institutions may refuse to accept bearer stock as collateral for loans due to the difficulty of verifying ownership."
"The use of bearer stock has declined over time with the increasing popularity of electronic trading and registration systems."
Word Variations & Relations
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Phrases
coaster brake
