meaning of bearer check

bearer check meaning in Law Dictionary

check labeled cash. The party holding it can cash it.

bearer check meaning in Business Dictionary

Check marked 'Cash,' 'The bearer' or other words to the effect, but without the name of the entity to whom it is to be paid (its payee). Such checks (and drafts) are payable to anyone who presents them, usually over the counter of the paying bank. Also called bearer draft.