bearer
bear·er / ˈbe(ə)rər/ • n. 1. a person or thing that carries or holds something: I'm sorry to be the bearer of bad tidings [in comb.] a flag-bearer. ∎ a carrier of equipment on an expedition. ∎ a tree or plant that bears fruit or flowers.2. a person who presents a check or other order to pay money: promissory notes payable to the bearer. ∎ [as adj.] payable to the possessor: bearer bonds.
Bearer
BEARER
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.
More From encyclopedia.com
NEGOTIABLE INSTRUMENT , NEGOTIABLE INSTRUMENT
Acommercial paper, such as a check or promissory note, that contains the signature of the maker or drawer; an unconditional pro… Commercial Paper , A written instrument or document such as a check, draft, promissory note, or a certificate of deposit, that manifests the pledge or duty of one indiv… INSTRUMENT , in·stru·ment / ˈinstrəmənt/ • n. 1. a tool or implement, esp. one for delicate or scientific work: a surgical instrument writing instruments. ∎ a thi… Antonio Stradivari , Antonio Stradivari
Italian violin maker Antonio Stradivari (c. 1644-1737) created instruments that are still considered the finest ever made. The new… Instrumentation , Instrumentation refers to the use or application of instruments or specialized technologies for observation, measurement, control, or production. In… rosin , ros·in / ˈräzən/ • n. resin, esp. the solid amber residue obtained after the distillation of crude turpentine oleoresin, or of naphtha extract from p…
About this article
bearer
All Sources -
You Might Also Like
NEARBY TERMS
bearer