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TRACES

An acronym for trust automatic common exchange security; a hybrid equity security (equity linked security, ELS), that constitutes a trust-originated...

Trust Automatic Common Exchange Securities

A hybrid equity security (equity linked security, ELS), that constitutes a trust-originated preferred stock convertible to common equity (common stock)....

Trust Enhanced Dividend Securities

A category (or issue) of a mandatory convertible (a trust preferred) that is embedded with a mandatory conversion feature, backed...

TrENDS

It stands for trust enhanced dividend securities; a category (or issue) of a mandatory convertible (a trust preferred) that is...

ELK

An abbreviation for equity-linked security; an equity-linked debt issue whose returns are keyed to the performance of a common stock…

YEELDS

A type of equity derivative; it stands for yield enhanced equity linked security; it is a structured convertible security (equity-linked...

Yield Enhanced Equity Linked Security

A type of equity derivative; it is a structured convertible security (equity-linked note- ELN) issued by Lehman Brothers. It was...

YEELD

A type of equity derivative; it stands for yield enhanced equity linked security; it is a structured convertible security (equity-linked...

ELK Security

It stands for equity-linked security; an equity-linked debt issue whose returns are keyed to the performance of a common stock...

ELKS

It stands for equity-linked security; an equity-linked debt issue whose returns are keyed to the performance of a common stock...