bearer form
noun[U]
BANKING,FINANCE,STOCK MARKETukusasituationin which abond,cheque,share, etc. isconsideredto beownedby anyone whopresentsit forpaymentor has it intheirpossession,ratherthan by anamedperson:
Nevada and Wyoming are the onlystatesthatallowcorporatestockto beheldinbearerform, whichmeansthestockbelongsto whoeverpossessesit.