Unregistered Security

Bearer Bond
A bearer bond, also known as a coupon bond, is a type of debt security that is not registered in the name of the owner. Instead, it is payable to whoever holds it (i.e., the bearer). Bearer bonds come with attached coupons that the bondholder must clip and present for interest payments.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.