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 Glossary   >   B   >   "Bull CD, Bear CD" Definition   

        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.

Bull CD, Bear CD


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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.


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.