What is another word for bearer certificate?
Pronunciation: [bˈe͡əɹə sətˈɪfɪkət] (IPA) 
The term "bearer certificate" refers to a legal document that entitles the holder to a specific financial or material asset. There are several synonyms for bearer certificate, including bearer bond, bearer share, bearer debenture and bearer note. These synonyms all share the same basic concept of being a type of financial instrument that is owned by whoever holds its physical certificate. These types of certificates can be a source of controversy, as they allow for anonymous ownership and can be used for illicit activities such as money laundering. As a result, many countries and financial institutions are moving away from bearer certificates and towards more transparent ownership models.
