無む記き名めい債さい権けん

noun

unregistered bond; bearer bond

A bond for which ownership is not recorded in a register; the physical holder is treated as the owner. Used in legal and financial contexts.

• 無む記き名めい債さい権けんは、券けん面めんを所しょ持じしている者ものが権けん利り者しゃとみなされる。

  For an unregistered bond, the person who holds the certificate is considered the rights holder.