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Premium

The premium or agio (from Greek: allag = exchange) for securities (debt securities) such as bonds is the amount by...

PV

It stands for present value; the value that is calculated today for a stream of future payments associated with, i.e.,...

Present Value

The value that is calculated today for a stream of future payments associated with, i.e., generated from, an instrument/ a...

Right of Termination

The right of the issuer to terminate certain certificates at fixed dates. The issuer also reserves the extraordinary right of...

CC

It stands for capped call; a structured product that does provide full, or at least partial, capital protection subject to...

Capped Call

A structured product that does provide full, or at least partial, capital protection subject to a predefined cap level. Capped...

Capital Protection Structured Product

A structured product that does provide full, or at least partial, capital protection. The holder is guaranteed that the initial...

Uncapped Capital Protection

A capital protection that is not subject to a cap. It provides great downside protection but has a lesser upside...

UC

It stands for uncapped call; an uncapped capital protection product that replicates the payoff of a call option. It offers...

Uncapped Call

An uncapped capital protection product that replicates the payoff of a call option. It offers uncapped capital protection. It means...