| 单词 | bear |
| 释义 | bear A dealer on a stock exchange, currency market, or commodity market who expects prices to fall. A bear market is one in which prices are falling or expected to fall, i.e. a market in which a dealer is more likely to sell securities, currency, or goods than to buy them. A bear may even sell securities, currency, or goods without having them. This is known as selling short or establishing a bear position. The bear hopes to close (or cover) a short position by buying in at a lower price the securities, currency, or goods previously sold. The difference between the purchase price and the original sale price represents the successful bear's profit. A concerted attempt to force prices down by one or more bears by sustained selling is called a bear raid. A successful bear raid will produce a sharply falling market, known as a bear slide. In a bear squeeze, sellers force prices up against someone known to have a bear position to cover. Compare bull. |
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