Bearer instrument and Spot market: Difference between pages

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A valuable document, which does not bear the name of its legal owner and may be redeemed by whoever is in possession of it.  Bearer instruments are not registered to the holder, and can therefore be transferred by delivery.
A market in which a currency or commodity is traded for spot settlement, usually within two business days.
 
Also known as a bearer security.




== See also ==
== See also ==
* [[Bearer]]
* [[Discount]]
* [[Bearer bond ]]
* [[Forward market]]
* [[Holder in due course]]
* [[Spot rate]]
* [[Medium term notes]]
* [[Spot transaction]]
* [[Negotiable instrument]]
* [[An introduction to debt securities]]

Revision as of 21:45, 30 April 2016

A market in which a currency or commodity is traded for spot settlement, usually within two business days.


See also