BEARER STOCK
bearer stock: translation
An instrument ( instruments) for which there is no register of the owner held by the company. Evidence of ownership is given by physical possession of the instrument itself. Bearer stock is common in the Eurobond market. Dresdner Kleinwort Wasserstein financial glossary
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bearer stock bearer stock ➔ stock1
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bearer stock UK US noun [C or U] BANKING, FINANCE
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The bank failed to maintain adequate security arrangements for bearer stocks.