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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 endorsementbearer 2 adj: freely transferable by the holder with or without endorsement and with full title passing by delivery to the transferee: asa: not having a registered ownerb: not designating a specific payeea bearer instrumentbearer checks compare order
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- bearer
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noun
acceptor, carrier, casher, check holder, draft holder, grantee, holder, possessor, receiver, recipient, taker, transferee
associated concepts: bearer check, bearer instrument, bearer note, bearer paper, negotiable instruments
Burton's Legal Thesaurus. William C. Burton. 2006
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n.One who possesses a document, instrument, or security.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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the person holding. Where a bill of exchange or a security is made payable 'to bearer', anyone who presents the bill or security may claim payment; in the case of a transfer, indorsement is not necessary. A bearer bill (of exchange) is therefore one made out to bearer.
Collins dictionary of law. W. J. Stewart. 2001.
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A person holding a negotiable instrument, such as a check, promissory note, bank draft, or bond. This becomes important when the document states it is "payable to bearer," which means whoever holds this paper it can receive the funds due on it.Category: Business, LLCs & CorporationsCategory: Small Claims Court & Lawsuits
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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A person who owns an article. Evidence of ownership of the legal title is possession of the person who bears it and title to it is transferred by physical delivery.Related linksexchangeable bond bearer securities
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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n. A person in possession of a negotiable instrument, document of title, security, or other similar document that is marked "payable to bearer" or is indorsed in blank. Depending upon its nature, the document is called a bearer bond, bearer instrument, bearer paper, or the like and, if it is for the payment of money, it is said to be payable to bearer.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
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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.
Dictionary from West's Encyclopedia of American Law. 2005.
- bearer
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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.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- bearer
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n.anyone holding something, such as a check, promissory note, bank draft, or bond. This becomes important when the document (generally called a "negotiable instrument") states it is "payable to bearer," which means whoever holds this paper can receive the funds due on it.
Law dictionary. EdwART. 2013.