Bonds Enabling Annual Retirement Savings (BEARS)

Business / Finance / Bonds Enabling Annual Retirement Savings (BEARS): Holders of BEARS receive the face value of bonds underlying call option, which are exercised 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.

Other Words for Savings

Savings Adjective Synonyms: resources, reserve, cache, hoard, nest egg
MORE

Nominal Annual Rate

Business / Finance / Nominal Annual Rate: An effective rate per period multiplied by the number of periods in a year. Same as annual percentage rate. MORE

Normal Retirement

Business / Finance / Normal Retirement: The age or number of working years after which a pension plan beneficiary can retire and receive unreduced benefits immediately. MORE

Mutual Savings Bank

Business / Finance / Mutual Savings Bank: A state-chartered savings bank that is owned by its depositors and managed by a fiduciary board of trustees. MORE

Municipal Bonds

Business / Real Estate / Municipal Bonds: Bonds issued to finance public improvements such as parks, schools and urban renewal projects. MORE

Mello-Roos Bonds

Business / Real Estate / Mello-Roos Bonds: Based on passage of the Mello-Roos Community Facilities Act of 1982, certain housing tracts may be within what are called community facilities districts where special taxes are assessed to finance des MORE

Mortgage Revenue Bonds

Business / Real Estate / Mortgage Revenue Bonds: A type of tax-exempt industrial development bond offered by state and local governments through their housing financing agencies. MORE

Links
Home
Glossary
Thesaurus