bearer paper

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bearer paper

n. negotiable instrument (e.g. a bond) which is payable to whoever has possession (is the bearer). (See: bearer)

References in periodicals archive ?
On the features of the instrument, Jaitley said that this simple product would be a bearer instrument without name of the holder in the first phase.
The key to this evidentiary shortcut, this indifference to who actually owns the loan, is the idea that, under Article 3, mere possession, even wrongful possession, of a bearer instrument confers an unassailable right of enforcement.
A corporation can remove the barrier by listing its stock as a bearer instrument on foreign exchanges.
Gold is both a commodity and a de facto bearer instrument.
The IBUs will not be permitted to issue bearer instruments or cheques and all payment transactions will need to be undertaken through bank transfers.
The government also committed to consider the option of an explicit ban on bearer instruments.
Lottery tickets are bearer instruments, which means whoever presents the ticket is entitled to payment.
The central bank said it is also bringing the minimum declaration amount in line with international standards, raising the requirement to declare cash and bearer instruments such as cheques to 100,000 dirhams ($27,230), or the equivalent in foreign currencies, from 40,000 dirhams.
In other words, when entering or leaving a country, although there may be requirements to disclose or declare cash or bearer instruments over USD/EUR 10,000, there is no comparable requirement for stored value cards.
Privatization vouchers were bearer instruments that were freely tradable, and they typically were bought and sold using U.
Campaign against bearer instruments has also led to diversion of funds towards the share market.