An instrument ( instruments) for which there is no register of the owner held by the company. Evidence of ownership is given by physical possession of the instrument itself. Bearer stock is common in the Eurobond market. Dresdner Kleinwort Wasserstein financial glossary
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bearer stock UK US noun [C or U] BANKING, FINANCE
► a share or the shares that are considered to be owned by the person who has them in their possession, rather than by a named person: »
The bank failed to maintain adequate security arrangements for bearer stocks.
Financial and business terms. 2012.