Bear Hug: Often used in risk arbitrage. Hostile takeover attempt in which the acquirer offers an exceptionally large premium over the market value of the acquiree's share so as to as to squeeze (hug) the target into acceptance.

 

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Bear Hug: Often used in risk arbitrage. Hostile takeover attempt in which the acquirer offers an exceptionally large premium over the market value of the acquiree's share so as to as to squeeze (hug) . . . View Full Definition

Hugo Award: The familiar nickname for the Science Fiction Achievement Award, given each year since 1954 to an outstanding work of science fiction or fantasy literature. The categories change yearly, but . . . View Full Definition

Load Bearing Wall: Includes all exterior walls and any interior wall that is aligned above a support beam or girder. Normally, any wall that has a double horizontal top plate.

Nonbearing Wall: A wall supporting no load other than its own weight.

Forbearance: The act of refraining from taking legal action despite the fact that payment of a promissory note in a mortgage or deed of trust is in arrears. It is usually granted only when a borrower mak . . . View Full Definition

Dollar Bears: T 10 stocks of the 30 on the Dow Jones Industrial Average with the most depressed prices and consequently the highest yields. The investor buying these stocks speculates that they will bounc . . . View Full Definition

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 . . . View Full Definition

Chug: Low frequency instability in a liquid motor.

Noninterest-Bearing Note: A note without periodic interest payment, but selling at a discount and maturing at face value. See: Zero-coupon bond.

Electronic Bearing Line (EBL): An EBL control is used to display the relative or true bearing of a target on the display. The ebl is moved with the cursor, and the bearing is usually read at the bottom of the screen in de . . . View Full Definition