Payable to bearer definition
Payable to bearer means “payable to any person whom so ever bears it.” A note, bill or cheque is payable to bearer which is expressed to be so payable or on which the only or last endorsement is an endorsement in blank.
Examples of Payable to bearer in a sentence
This Coupon is separately negotiable, Coupon for Payable to bearer, and subject to the Conditions of the said Notes.