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LSDefine
Simple English definitions for legal terms
bear
Read a random definition: cash-out merger
A quick definition of bear:
Bear: To carry or hold up something heavy, to make or earn something like interest, or to give evidence or testimony. A bearer is someone who has a piece of paper that says they can get money, and it doesn't have anyone's name on it.
A more thorough explanation:
bear, verb
- To support or carry, for example, a heavy load.
- To produce as yield, for example, interest on an investment.
- To give as testimony, for example, to bear witness in court.
bearer, noun
One who possesses a negotiable instrument marked "payable to bearer" or indorsed in blank.
- He had to bear the weight of the heavy box and carry it up the stairs.
- The savings account will bear interest at a rate of 2% per year.
- The witness was asked to bear witness in court and give testimony about what they saw.
- The bearer of the check can cash it at the bank.
The examples illustrate the different meanings of the verb "bear." The first example shows "bear" as carrying a heavy load. The second example shows "bear" as producing yield or interest. The third example shows "bear" as giving testimony or bearing witness. The fourth example shows "bearer" as someone who possesses a negotiable instrument.