That's bear-er. No nudity involved.
Securities can be issued in two ways: registered, or bearer. Most are registered, meaning that the issuer (the business that sold the security) sends out the payments to the owner of their own accord. The business even keeps track of the security should the original owner sell it.
With a security in tbe bearer form though, there is no record of it, and whoever has the physical certificate in hand is assumed to be the owner. The obvious risk comes in the potentiality of you losing the certificate (yikes), but the upside is that it makes it easier to avoid transfer taxes.
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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...