A credit linked note (CLN) whose redemption and coupon payments are linked to a single default event and also depend...

Broadly speaking, it is the use of leverage in the structure of an investment. It is a structural component of...

A credit default swap (CDS) in which the underlying is a syndicated secured loan rather than corporate or sovereign bonds,...

An option leverage that measures the sensitivity of a call option’s price to changes in the underlying price. In other...

In general, leverage (or gearing) can be defined as borrowing funds to make investments. In the context of derivatives trading,...

A hybrid derivative structure in which the coupon is determined as the difference between the previous coupon and a predefined...

A “leveraged” securitized product offering that is designed to provide maximum leverage with respect to currency denominations of a set...

A structured product (structured certificate) that provides leverage (gearing), both upside and downside, so that every incremental movement in the...

A financial ratio that relates total debt to total capitalization (capital structure). It tells about how much the company is...

The leverage in which the so-called non-recourse borrowing is used. It is not backed by collateral posted by the borrower....