Bearer form

A bearer form security is an investment that is not registered in the issuing corporation’s books and is payable to the person possessing the stock or bond certificate. Unlike normal registered instruments, no record is kept of who owns bearer instruments or of transactions involving the transfer of ownership. This means that the security is traded without any records and physical possession of the security is the sole evidence of ownership—Read more at Investopedia. Chen, James. “Bearer Form.” 4 October 2019.