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Bonus Stock

A stock that is issued by a company, free of charge, to its existing stockholders on a prorata basis. This...

Bonus Certificate

A structured product (structured certificate) that gives the holder an opportunity to avail sideway trends of the market over the...

Coupon-Bearing Bond

A bond that pays interest on surrender of the coupons, clipped from its certificate. The holder of a coupon-bearing bond...

Fixed-Income Repo

A type of repo in which the underlying security is a fixed-income instrument (such as government or corporate bonds), as...

Equity Repo

Unlike classic repo transactions where the underlying security is in the form of government or corporate bonds, equity repos are...

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...