It stands for present value; the value that is calculated today for a stream of future payments associated with, i.e.,...

The value that is calculated today for a stream of future payments associated with, i.e., generated from, an instrument/ a...

A participation product (a tracker product, or simply a tracker) that provides a full participation (1:1) in the underlying, typically...

It stands for profit participation certificate; a certificate that combines specific elements of shares and bonds. It entitles the holder...

A certificate that combines specific elements of shares and bonds. It entitles the holder to a profit interest, repayment or...

It stands for principal write-down; a write down of the principal of a contingent convertible bond (CoCo bond) upon occurrence...

A write down of the principal of a contingent convertible bond (CoCo bond) upon occurrence of a trigger event. In...

A contingent convertible (CoCo) bond that has no set maturity date. Like any perpetual bond (perp or consol bond), this...

A contingent convertible (CoCo) bond that has no set maturity date. Like any perpetual bond (perp or consol bond), this...

A classification of share capital that represents the amount that is received from an entity's shareholders in exchange for the...