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Related Definitions
Bearer bonds Bearer bonds are bonds that are not registered on the books of the issuer. Such bonds are held in physical form by the owner, who receives interest payments by physically detaching coupons from the bond certificate
Coupon or bearer bond Coupon or bearer bond one with dated coupons attached, which the bondholder must cut off and mail to the company to collect interest.
Bearer bond Bearer bond refers to corporate or governmental debt in bond form that is not registered to any owner. Possession of the bond implies ownership, and interest is ...
Registered and bearer bonds Bonds issued in the name of the owner are registered bonds. Interest payments on registered bonds are made by check to bondholders of record.