BEARER STOCKS Definition

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BEARER STOCKS are stocks not registered in the name of an owner, who can thus remain anonymous.

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REVENUE JUSTIFIED is where the revenue realized from a product or service will pay for the cost and expenses of that product or service, i.e. the product or service will pay for itself.

BENEFICIAL OWNER is the person who enjoys the benefits of ownership even though title is in another name (often used in risk arbitrage).

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