payable to bearer
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payable to bearer — ► FINANCE used on a bond, cheque, etc. to state that the amount of money shown should be paid to the person who brings it for payment: »Where a bill is not payable to bearer, the payee must be named. Main Entry: ↑payable … Financial and business terms
payable to bearer — Describing a bill of exchange in which neither the payee or endorsee are named. A holder, by adding his or her name, can make the bill payable to order … Accounting dictionary
payable to bearer — Describing a bill of exchange in which neither the payee or endorsee are named. A holder, by adding his name, can make the bill payable to order … Big dictionary of business and management
payable to bearer — A bearer instrument. 11 Am J2d B & N §§ 106, 124 … Ballentine's law dictionary
bearer — bear·er 1 / bar ər/ n: a person holding a check, draft, or other negotiable instrument for payment esp. marked payable to bearer or having a blank endorsement bearer 2 adj: freely transferable by the holder with or without endorsement and with… … Law dictionary
bearer paper — see paper Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bearer paper n. Comme … Law dictionary
payable — pay·able adj: that may, can, or must be paid Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. payable I … Law dictionary
Cheques payable to bearer — It can be cashed out by the cheque holder. A cheque made out to a named person can only be cashed by that person. The payee can endorse a cheque payable to the order of a named person and assign it to a third party … International financial encyclopaedia
bearer — The person in possession of an instrument, document of title, or security payable to bearer or indorsed in blank. U.C.C. No. 1 201(5). When a check, note, draft, etc., is payable to bearer, it imports that such shall be payable to any person who… … Black's law dictionary
bearer — The person in possession of an instrument, document of title, or security payable to bearer or indorsed in blank. U.C.C. No. 1 201(5). When a check, note, draft, etc., is payable to bearer, it imports that such shall be payable to any person who… … Black's law dictionary
