Basic Guidelines For English Spellings
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1A trap designed to catch bears; especially one constructed of a pair of metal jaws which snap shut around the leg.
2Stock Market
A situation in which a rising price trend misleadingly appears to have been reversed, or it is wrongly believed that shares will not fall any further.
3figurative Anything likened to a trap for bears, typically with respect to its powerful or immovable grip; especially an inescapable predicament, a painful constraint or obstruction.
4Cycling
A type of bicycle pedal reminiscent in shape of an open bear trap.
Late 18th century. From bear + trap.