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LSDefine

Simple English definitions for legal terms

bearer document

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A quick definition of bearer document:

A bearer document is a type of paper that can be transferred to anyone who holds it. It can be a written or printed document that shows evidence of a debt or payment. Bearer documents are different from order documents, which can only be transferred to a specific person. Banks often accept bearer documents as cash, and they are commonly used in commercial transactions.

A more thorough explanation:

A bearer document is a written or printed instrument that is payable to the person who holds it, rather than to a specific person. It is also known as bearer paper. This type of document can be negotiated simply by delivering it to a transferee.

Examples of bearer documents include bank bills, drafts, and other instruments received as cash by banks. Another example is a short-term unsecured promissory note, usually issued and sold by one company to meet another company's immediate cash needs.

These examples illustrate the definition of bearer documents because they are payable to whoever holds them, rather than to a specific person. This means that they can be easily transferred from one person to another by simply delivering the document to the new owner.

bearer bill of lading | bearer instrument

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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