Bearer
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
One who carries or holds a thing. When a check, note, draft, etc., is payable to "bearer," it imports that the contents thereof shall be payable to any person who may present the instrument for payment.
Thompson v. Perrme, 106 U. S 589 , 1 Sun. Ct. 564, 568, 27 L Ed. 298; Bradford v. Jenks, 3 Fed. Cas. 1,132; Hubbard v. Railroad Co., 14 Abb. Prac. (N. Y.) 278.