A letter of credit (LC) that represents a guarantee by an issuing bank rather than a source for payment. A...

A loss-sharing arrangement whereby participants agree that, in the event of a participant’s inability to settle its obligations (e.g., to...

In relation to a transfer system, it refers to the span of time (lag) between the acceptance of the transfer...

An asset or a claim on an asset that is accepted by a beneficiary (in a financial transaction) as a...

In relation to a structured product, it is the underlying instrument's current price difference from a predetermined stop-loss threshold. Many...

An outperformance certificate that allows the holder/ investor to benefit, disproportionately, from moderate price increases in the underlying asset/ instrument....

An outperformance certificate whereby the holder/ investor receives the underlying or its performance in addition to a certain adjustment if...

A financial product that is issued (by certain institutions, e.g., banks, insurance firms, etc.) to the public as an investment...

An outperformance certificate that features, and whose performance depends on, a spread with an upper and a lower limit set...

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