The complete repayment of debt. See: Sinking fund.
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Bonds Enabling Annual Retirement Savings (BEARS)
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.
Individual Retirement Account (IRA) A retirement account that may be established by an employed person. IRA contributions are tax deductible according to certain guidelines, and the gains in the account are tax-deferred.