FOLIO Ontology

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Bearer Securities

IRI:
https://folio.openlegalstandard.org/RBHcgWfomutlulDfZaPGKsI
Preferred Label Unregistered Securities
Alternative Labels
Anonymous Securities Bearer Financial Instruments Bearer Instruments

Definition

Bearer Securities are financial instruments where the owner's identity is not recorded on the books of the issuer or the registrar. These securities can be transferred by mere possession, making them highly negotiable and anonymous.

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