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Law dictionary
Bearer

Bearer

noun

The person who has a document in their possession.

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For example

The bearer bonds were to the value of £5 million.

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Related content

For Commercial law

Letter of credit

Binding precedent

Other useful terms:

Bond

A written promise to repay a debt at an agreed time and to pay an agreed rate of interest on the debt.

Share certificate

A document which certifies who owns shares in a Company. It gives the type and number of shares owned by the shareholder and lists the serial numbers of the shares.

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