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TeachMeFinance.com - explain Bond to bearer historic definition... Bond to bearer -- English term for a coupon bond that is, a bond not registered in the name of the owner on the books of the company or government issuing it, but transferable like money by merely passing from one to another, the interest payments being represented by coupons which are detachable and payable to bearer. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.