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 .
BEARS
Meaning of BEARS in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012