| 单词 | BEAR MARKET |
| 释义 | A market state that is characterized by declining prices and low volumes over an extended period of time, often resulting from weakened economic conditions (i.e., slow growth or contraction, poor corporate earnings). A bear market is generally believed to be in effect when broad index levels are at least 20 percent lower than the previous peak. See also BULL MARKET, CORRECTION. |
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