bear
Preserved but no longer current.
One who contracts to deliver a certain quantity of sum of stock in the public funds, on a future day, and at stated price; or, in other words, sells what he has not got, like the huntsman in the fable, who sold the bear's skin before the bear was killed. As the bear sells the stock he is not possessed of, so the bull purchases what he has not money to pay for; but in case of any alteration in the price agreed on, either party pays or receives the difference. Exchange Alley.
Era: ca. 1811 (Georgian)
Sources & notes
Historical definition reproduced from Grose’s Dictionary of the Vulgar Tongue (1811 edition, public domain; Project Gutenberg #5402, retrieved 2026-07-31). Reflects the attitudes of its era.
Common questions
What does “bear” mean?
One who contracts to deliver a certain quantity of sum of stock in the public funds, on a future day, and at stated price; or, in other words, sells what he has not got, like the huntsman in the fable, who sold the bear's skin before the bear was killed. As the bear sells the stock he is not possessed of, so the bull purchases what he has not money to pay for; but in case of any alteration in the price agreed on, either party pays or receives the difference. Exchange Alley.
Is “bear” formal or informal?
No register label has been reviewed yet — treat it as neutral and check the usage notes above.