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ELN

It stands for equity-linked note; a structured equity derivative product that capitalizes on the performances of a fixed-income instrument and...

Equity-Linked Note

A structured equity derivative product that capitalizes on the performances of a fixed-income instrument and some underlying equity. This note...

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...

Equity-Linked Security

An equity-linked debt issue whose returns are keyed to the performance of a common stock (initially the stock of Digital...

Equity Structured Product

A structured product that consists of an equity component (for upside potential) and a derivative component (as protection or insurance...

PCPS

It stands for participating convertible preferred stock; a combination of a redeemable preferred stock with common stock. The resulting stock...

Participating Convertible Preferred Stock

A combination of a redeemable preferred stock with common stock. The resulting stock receives the redemption value in additional to...

Capped Floater

A floater (FRN) in which coupon rates (coupon reset rates) are subject to an upper limit. Like standard floaters, capped...

Participating Capped FRN

A note (floating rate note) which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up...