bearer bond
Word Rarity
Rare
Frequency: Zipf frequency 3.40 in modern English
15
Scrabble Score
10
Letters
2
Syllables
7
Unique Chars
Meaning
noun
A negotiable loan instrument payable to its holder (bearer) by the issuer according to preset conditions. The owner must safeguard bearer bonds to prevent loss; interest is usually paid by coupon redemptions.