Definitions
There is 1 meaning of the phrase
Bearer Bond.
Bearer Bond - as a noun
A bond issued with detachable coupons that must be presented to the issuer for interest payments
Synonyms (Exact Relations)
coupon bondExample Sentences
"The company issued bearer bonds to raise capital."
"Investors can buy and sell bearer bonds on the secondary market."
"The bearer bond pays a fixed interest rate of 5% annually."
"John inherited a bearer bond from his grandfather."
"The thief stole a briefcase containing bearer bonds."
