Also found in: Dictionary, Thesaurus, Medical, Financial, Idioms, Encyclopedia, Wikipedia.
Related to bearer: bearer of bad news, Bearer cheque


One who is the holder or possessor of an instrument that is negotiable—for example, a check, a draft, or a note—and upon which a specific payee is not designated.

A negotiable instrument that is payable to "bearer" or to "cash" or to "the order of cash," that is, not naming a payee, is a bearer instrument, and is called "bearer" paper.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.


n. anyone holding something, such as a check, promissory note, bank draft, or bond. This becomes important when the document (generally called a "negotiable instrument") states it is "payable to bearer," which means whoever holds this paper it can receive the funds due on it.

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.


the person holding. Where a BILL OF EXCHANGE or a security is made payable ‘to bearer’, anyone who presents the bill or security may claim payment; in the case of a transfer, indorsement is not necessary. A bearer bill (of exchange) is therefore one made out to the bearer.
Collins Dictionary of Law © W.J. Stewart, 2006

BEARER. One who bears or carries a thing.
     2. If a bill or note be made payable to bearer, it will pass by delivery only, without endorsement; and whoever fairly acquires a right to it, may maintain an action against the drawer or acceptor.
     3. It has been decided that the bearer of a bank note, payable to bearer, is not an assignee of a chose in action within the 11th section of the judiciary act of, 1789, c. 20, limiting the jurisdiction of the circuit court. 3 Mason, R. 308.
     4. Bills payable to bearer are contra-distinguished from those payable to order, which can be transferred only by endorsement and delivery.
     5. Bills payable to fictitious payees, are considered as bills payable to, bearer.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Paul Bearer made his debut in 1991 as The Undertaker's manager and went on to manage other wrestlers, including Kane, Rick Rude, Vader and Mankind.
The ministry said that Rs40,000 Prize Bonds (bearer) needed to be registered up to March 31, 2020, and any of the aforementioned opportunities could be availed for the purpose.
in respect of all other denominations of bearer prize bonds shall continue as per exiting procedure, according to National Prize Bonds Rules, 1999.
Some kavadi bearers will start their journey from other temples all around the island and slowly walk their way to the Hilltop temple.
The central observers not only found office bearers inexperienced and under- performing, but also pointed out financial irregularities.
THE courageous work of stretcher bearers deserves just as much recognition as the soldiers who fought in World War One.
With the rapid development of mobile broadband services, Zain wants to build a unified all-IP bearer network that covers a full range of services and provides ultra-bandwidth and efficient use of network resources.
Huawei provided Zain with the leading all-IP bearer network solution, including a comprehensive series of routers.
LTE-A service, and provide bearer for fixed-network services and bandwidth
All the pall bearers come from units that played notable roles in the Falklands conflict.
To customize the admission control process the traffic usage related to a particular bearer is monitored constantly and as soon as there is a slack in this traffic at some particular point in time then the admission control process does some math and activates another bearer if resources are available.