Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- REGISTERED 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, bonds are increasingly registered electronically, so there are no certificates to endorse. Instead, you authorize the transaction over the phone or by computer.Back