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bearer bond

NOUN
  1. a bond issued with detachable coupons that must be presented to the issuer for interest payments

How To Use bearer bond In A Sentence

  • Such schemes include tax amnesties, voluntary disclosures and special bearer bonds.
  • If you can PROVE any homeopathic remedy has a measurable effect then you can claim US $1,000,000 in negotiable bearer bonds from the JREF.
  • However, pledges of documents of title and of bearer bonds are excluded from most of the statutory requirements.
  • Customs officers can seize cash, and cash includes cash equivalents, including bearer bonds, gemstones, money orders, postal notes, precious metals, and travellers cheques.
  • Brennan held $4m of non-traceable bearer bonds, which Banks invested in the stock market via Bank of Scotland accounts and shell companies.
  • The position differs where the security given by the debtor comprises marketable (viz. negotiable) securities, such as bearer bonds, share warrants, scrip, or exchequer bills.
  • It turned out that a lot of assets had been liquidated and turned into bearer bonds, but these have never been located, and his joint account was cleaned out just after he disappeared.
  • If securities such as bearer bonds are given to the attorney to hold and are merely placed in a locked filing cabinet in the office and not identified or placed in a safe deposit box, the attorney has committed a disciplinable violation.
  • The owner is said to have put unreported income in bank deposits or used it to buy bearer bonds.
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