Bull CD, Bear CD
A bull CD pays its holder a specified percentage of the increase in return on a specified market index while guaranteeing a minimum rate of return. A bear CD pays the holder a fraction of any fall in a given market index. |
Similar financial terms
Bulldog bondsForeign bonds issued in the United Kingdom.
Bull market
General market condition characterized by optimism, rising prices in stocks, and a belief that near-term future will see higher market prices for stocks.
Bull
An investor who thinks the market will rise.
Bull-bear bond
Bond whose principal repayment is linked to the price of another security. The bonds are issued in two tranches: in the first tranche repayment increases with the price of the other security, and in the second tranche repayment decreases with the price of the other security.
Bull spread
A spread strategy in which an investor buys an out-of-the-money put option, financing it by selling an out-of-the money call option on the same underlying.
Bulldog market
The foreign market in the United Kingdom.
Bullet contract
A guaranteed investment contract purchased with a single (one-shot) premium.
Bullet loan
A bank term loan that calls for no amortization.
Bullet strategy
A strategy in which a portfolio is constructed so that the maturities of its securities are highly concentrated at one point on the yield curve.
Bullish, bearish
Words used to describe investor attitudes. Bullish refers to an optimistic outlook while bearish means a pessimistic outlook.
Bullion coins
Metal coins consisting of gold, silver, platinum, or palladium that are actively traded. Some examples include the American eagle and the Canadian maple leaf. Their price is directly connected to the underlying price of their metal.
Bear Hug
A takeover strategy in which the acquirer, without previous warning, mail the directors of the target a letter announcing the acquisition proposal and demanding a quick decision.
Bear Market
An extended period of general price decline in an individual security, an asset, or a market.
Bear
An investor who believes a stock or the overall market will decline. A bear market is a prolonged period of falling stock prices, usually by 20% or more.
Bearer bond
Bonds that are not registered on the books of the issuer. Such bonds are held in physical form by the owner, who receives interest payments by physically detaching coupons from the bond certificate and delivering them agent.to the paying
Bear raid
A situation in which large traders sell positions with the intention of driving prices down.
CDZ
New Zaïre from the Democratic Republic of the Congo (formerly known as Zaïre)
XCD
East Caribbean Dollar used in Anguilla, Antigua and Barbuda, British Virgin Islands, Dominica, Grenada, Montserrat, Saint Kitts (Christopher) and Nevis, Saint Lucia, Saint Vincent and the Grenadines.
Variable rate CDs
Short-term certificate of deposits that pay interest periodically on roll dates. On each roll date, the coupon on the CD is adjusted to reflect current market rates.
Lock-up CDs
CDs that are issued with the tacit understanding that the buyer will not trade the certificate. Quite often, the issuing bank will insist that the certificate be safekept by it to ensure that the understanding is honored by the buyer.
Canadian Venture Exchange (CDNX)
The Canadian Venture Exchange (CDNX) was formed in late 1999 through the merging of the junior exchanges in Canada, i.e. the Vancouver Stock Exchange, the Alberta Stock Exchange, and various "parts" of the other, more senior exchanges (the Toronto Stock Exchange and the Montreal Stock Exchange) as well as the CDN, Canadian Dealing Network (which really isn't a stock exchange but is more like the OTC-BB in the USA, i.e. a market for "unlisted" stocks). The vision for the CDNX was to be the exchan ...
Certificate of deposit (CD)
Also called a time deposit, this is a certificate issued by a bank or thrift that indicates a specified sum of money has been deposited. A CD bears a maturity date and a specified interest rate, and can be issued in any denomination. The duration can be up to five years.
Contingent deferred sales charge (CDSC)
The formal name for the load of a back-end load fund.
