What is the primary characteristic of a Paper Value-Bearing Ticket?

The primary characteristic of a Paper Value-Bearing Ticket is that it holds monetary value. This type of ticket represents an actual financial worth that can be used for purchasing travel fares. It is designed to facilitate transactions by allowing the bearer to redeem it for travel services equivalent to its value. This characteristic is essential because it differentiates it from other tickets that may serve merely as confirmations or identifiers but do not carry inherent financial exchange capability.

The other answer choices, while they may describe certain features of tickets in various contexts, do not capture the defining aspect of a Paper Value-Bearing Ticket. For instance, a ticket being valid for only one trip or having a designated passenger name refers to its usage or assignment but does not pertain to its monetary nature. Additionally, the requirement for a ticket to be printed at a station relates more to the method of issuance rather than its core functionality as a value-bearing instrument. Thus, the correct characterization of this ticket lies in its inherent financial value.