BEARS


Meaning of BEARS in English

An acronym for Bonds Enabling Annual Retirement Savings. Holders of BEARS receive the face value of bonds underlying call option , which are exercise by CUBS (an acronym for Calls Underwritten by Swanbrook). If the calls are exercised by CUBS, BEARS holders receive the total of the exercise price .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.