MLchartDataset catalogue

Bearer

Term · Law · MLC-T-LAW-000690

The individual or entity in possession of a negotiable instrument, such as a check or promissory note, that is payable to "bearer" or to cash. This person is presumed to be the owner and is entitled to payment. Transfer of a bearer instrument occurs by simple delivery, without endorsement.

Table 1. Record
IdentifierMLC-T-LAW-000690
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000690",
  "term": "Bearer",
  "field": "Law",
  "definition": "The individual or entity in possession of a negotiable instrument, such as a check or promissory note, that is payable to \"bearer\" or to cash. This person is presumed to be the owner and is entitled to payment. Transfer of a bearer instrument occurs by simple delivery, without endorsement.",
  "url": "https://mlchart.com/terminology/law/bearer/"
}

Record 488 of 5,445 in Law terminology (MLC-0107). Request the full dataset.