Some Definitions

By: Bob Hoye | Thu, Nov 6, 2008
Print Email

A few regular dictionaries don't provide a definition of a bear, some define a bull in stock market terms.

Bull: "speculate for the rise" - Concise Oxford Dictionary.

Bear: "speculator who sells stocks or shares that he may or may not possess because he expects a fall in prices" - Dictionary of Economics (Penguin)

Some of the more elegant and interesting definitions are found in the first English dictionary composed and published by Samuel Johnson in 1755:

Pension: "An allowance made to any one without the equivalent. In England it is generally understood to mean pay given to a state hireling for treason to his country."

Probably means bad policy advice.

Stockjobber: "A low wretch who gets money by buying and selling shares in the funds."

Excise: "A hateful tax levied upon commodities, and adjudged not by the common judges of property, but by wretches hired by those to whom excise is paid."

Bull: "A stock-jobber."

Bear: "A description of stock-jobbers, who sell unreal stock."

Johnson's last one is a gem and two other definitions of bears are included on the following page.



Bob Hoye

Author: Bob Hoye

Bob Hoye
Institutional Advisors

Bob Hoye

The opinions in this report are solely those of the author. The information herein was obtained from various sources; however we do not guarantee its accuracy or completeness. This research report is prepared for general circulation and is circulated for general information only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily a guide to future performance.

Neither the information nor any opinion expressed constitutes an offer to buy or sell any securities or options or futures contracts. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report. In addition, investors in securities such as ADRs, whose values are influenced by the currency of the underlying security, effectively assume currency risk.

Moreover, from time to time, members of the Institutional Advisors team may be long or short positions discussed in our publications.

Copyright © 2003-2017 Bob Hoye

All Images, XHTML Renderings, and Source Code Copyright ©