無む記き名めい株かぶ

noun

bearer stock; bearer share

A stock certificate that does not record the owner's name; ownership is transferred by physical delivery. Used in financial and legal contexts.

• 無む記き名めい株かぶは、株かぶ券けんの所しょ持じ者しゃが株かぶ主ぬしとして扱あつかわれる。

  For bearer stocks, the holder of the certificate is treated as the shareholder.

• 近きん年ねん、無む記き名めい株かぶの発はっ行こうは減げん少しょうしている。

  In recent years, the issuance of bearer shares has been declining.