bearer shares
bearer securities; also bearer shares
Securities where proof of ownership is a certificate rather than a register of holders. In the UK, companies are required to keep a register of members and so bearer shares are more common outside the UK.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • Bearer Shares/Bearer Bonds —    Securities which confer ownership with a simple certificate, with no central register of owners. The dividends or interest payments are claimed from a paying agent, by presenting coupons clipped from the ownership certificate. Bearer bonds are …   Financial and business terms

  • bearer security — see security Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bearer security …   Law dictionary

  • bearer securities — bearer securities; also bearer shares Securities where proof of ownership is a certificate rather than a register of holders. In the UK, companies are required to keep a register of members and so bearer shares are more common outside the UK.… …   Law dictionary

  • bearer share — bearer securities; also bearer shares Securities where proof of ownership is a certificate rather than a register of holders. In the UK, companies are required to keep a register of members and so bearer shares are more common outside the UK.… …   Law dictionary

  • Bearer instrument — A bearer instrument is a document that indicates that the bearer of the document has title to property, such as shares or bonds. Bearer instruments differ from normal registered instruments, in that no records are kept of who owns the underlying… …   Wikipedia

  • Bearer Share — An equity security that is wholly owned by whoever holds the physical stock certificate. The issuing firm neither registers the owner of the stock, nor does it track transfers of ownership. The company disperses dividends to bearer shares when a… …   Investment dictionary

  • bearer share — security not registered on the books of the issuing corporation and thus payable to possessor of the shares. negotiable without endorsement and transferred by delivery, thus avoiding some of the control associated with ordinary shares. dividends… …   Financial and business terms

  • bearer stock — An instrument ( instruments) for which there is no register of the owner held by the company. Evidence of ownership is given by physical possession of the instrument itself. Bearer stock is common in the Eurobond market. Dresdner Kleinwort… …   Financial and business terms

  • share-warrant to bearer — A warrant or certificate of a corporation, stating that the bearer of the warrant is entitled to a certain number or amount of fully paid up shares or stock. Coupons for payment of dividends may be annexed to it. Delivery of the share warrant… …   Black's law dictionary

  • share warrant to bearer — A warrant or certificate of a corporation, stating that the bearer of the warrant is entitled to a certain number or amount of fully paid up shares or stock. Coupons for payment of dividends may be annexed to it. Delivery of the share warrant… …   Black's law dictionary

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