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TeachMeFinance.com - explain To bearer historic definition... To bearer -- A check payable to bearer is payable to whoever may hold it. No indorsement on it is necessary. Instead of making a check read "Pay bearer" it is a common practise to make it read "Pay cash" or "Pay currency." A promissory note or any order for money may be made 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.