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Select Equity Indexed Notes

Select EQUity Indexed NoteS (SEQUINS) are an equity linked product (equity-linked note)- a principal-protected note (PPN) - that used to...

Targeted Growth Enhanced Terms Securities

A structured convertible that constitutes a variation of mandatory convertible securities (originally issued by Smith Barney), as a vehicle to...

TARGETS

A structured convertible that stands for targeted growth enhanced terms securities. It is a variation of mandatory convertible securities that...

Principal

The face value (par value) of an investment/ security/ instrument, etc. It is the original/ initial stated amount that is...

Mandatory Convertible

A hybrid security that automatically (mandatorily) converts to common equity (common stock) of an issuer on a pre-specified date. Mandatory...

Threshold Appreciation Price Securities

A structured convertible and specifically a variation of mandatory convertible securities that was issued by Smith Barney. It has a...

TAPS

A structured convertible that stands for threshold appreciation price securities. It is a variation of mandatory convertible securities that was...

Defaulter Pays

An arrangement whereby each participant (for example, parties in bilateral trades, or financial market infrastructure (FMI) participants) is required to...

Structured Convertible

A convertible that has, in addition to the standard features of a vanilla convertible/ traditional convertible debt, specific structured features...

Vanilla Convertible Debt

A convertible debt structure that has standard characteristics that make it the basic (plain vanilla) form amongst other structure. These...