You know that saying "possession is nine-tenths of the law"? That's how bearer bonds work.
If you have the paper issuing the bond in your hot little hands, you own the bond (whether you stole it or bought it). There is no record of who bought or sold the bond.
Bearer bonds aren't common today, in part because investors don't like the idea that they can be stolen.
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Finance: What is the Maturity of a Bond?95 Views
finance a la shmoop what is the maturity of a bond ?oh come on.
doorbell bash, and prank phone calls whoopee cushions for the teacher? like how mature [person rings door bell]
is that ? right well a bond matures when it comes due. that is a company borrows a
hundred million bucks in 2019 for ten years paying five percent interest or
five million dollars a year to rent that money along the way, and then 2029 comes
around and well the bond matures. and lenders have that hundred million [bond is stamped]
dollars to the company get how much well if the company pays off its bond like it
promised then that last year 2029 the lenders get a hundred five million
dollars in that final year -that is they get the five million bucks in interest
or rent on the money that year and then they get their original principal back.
just like the person who borrowed it promised what happened that is the bond
will have matured. so goodbye whoopee cushions, and late night parties in hello
NPR in a responsible bedtime. [girl snores ]
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What is Bearer Bond or Bearer Stock? Bearer refers to the owner of a bond or stock. In the case of these financial instruments, the bondholder or s...