bearer-debt securities

bearer-debt securities
Debt securities issued in bearer (rather than registered) form, such as Eurobonds. Ownership passes by delivery and the certificate alone is proof of ownership.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Euromarket —   The Euromarket is an international capital market which, until recently, was concerned mainly with raising debt rather than equity capital. The term Euro is an historical one, denoting the issue of a security in a currency other than that of… …   International financial encyclopaedia

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