registered bond
| Noun | 1. | registered bond - a bond whose owner is recorded on the books of the issuer; can be transferred to another owner only when endorsed by the registered owner |
| 单词 | registered bond | |||
| 释义 | registered bond
Registered bondRegistered bondregistered bondRegistered bond.When a bond is registered, the name of the owner and the particulars of the bond are recorded by the issuer or the issuer's agent. When registered bonds are issued in certificate form, a bond can be sold only if the owner endorses the certificate, or signs it over to someone else. In contrast, bearer bonds are considered the property of whoever holds them, since there is no record of ownership. Currently, however, most bonds are registered electronically, so there are no certificates to endorse. Instead, you authorize the transaction over the phone or by computer. registered bond
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