bull note

Meanings

1. 1nouncountablefinancebusiness

   A bond whose interest rate rises when a chosen market index rises, so it pays more in a rising market.

   Grammar: Countable: say a bull note, two bull notes; it is the opposite of a bear note.

   Patterns

   • a bull note linked to an index
   • invest in a bull note
   • issue a bull note

   The bank sold a bull note that pays extra interest if the stock index climbs.

   Because he expected share prices to rise, he put part of his savings into a bull note.

   Bull notes can lose value quickly if the market falls instead of rising.

2. 2nouncountablefinancebusiness

   Any investment product designed to make money when prices go up.

   Grammar: Countable and often used in the plural: bull notes.

   Patterns

   • buy a bull note
   • a short-term bull note

   Traders sometimes use bull notes as a simple way to bet on a rising market.

   She chose a bull note rather than a bear note because she was optimistic about the year ahead.

Word forms

Common combinations

issue a bull note

The bank decided to issue a bull note tied to the main index.

a bull note linked to something

They bought a bull note linked to the price of gold.

invest in a bull note

He invested in a bull note hoping for a strong year.

the opposite of a bear note

A bull note is the opposite of a bear note in a falling market.

Synonyms and how they differ

bull bond

Very close in meaning; 'bull bond' is the more general term, while 'bull note' often refers to a shorter-term product.

structured product

Broader and more technical: a structured product may pay out in many ways, not only when prices rise.

Opposites

Word family

bull market noun

A period when prices are rising.

bear note noun

A product that pays more when a market index falls.

Commonly confused: bull note or bullion?

Practice

Make it your own

Write a sentence using “bull note”, then check it and compare it with the examples above.

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