Express Bonus Certificate – Fincyclopedia
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Express Bonus Certificate


A bonus certificate whose payoff consists of the underlying price plus a bonus component/partial downside protection. It is only paid if a barrier has not been hit or breached. This payoff is path-dependent and depends on the barrier level as opposed to the payoffs of easy express certificates and express certificates.



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Finance, as a field of knowledge, is substantially wide-ranging and virtually encompasses everything in the realm of corporate finance, financial management, ...
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