It stands for short-term structured note; a structured note whose maturity does not typically exceed 9-12 months (though at times,...

A structured note whose maturity does not typically exceed 9-12 months (though at times, up to 2-3 years). The note...

A debt security that is issued by a financial institution on an underlying such as a single equity, equity indexes,...

A floating-rate note (floater) whose coupon payments fall within an embedded collar. This means the coupon is capped at a...

A structured product (specifically, a CMS-related financial product) in which the investors receive coupon payments linked to an CMS rate...

Another name for corridor option. By definition, this refers to a path-dependent option that is typically embedded in a structured...

A bond that contains a provision stipulating or allowing the systematic amortization/ retirement of outstanding debt (notes, bonds, preferred stocks,...

A bond that contains a provision stipulating or allowing the systematic amortization/ retirement of outstanding debt (notes, bonds, preferred stocks,...

A debt security that constitutes a promise to pay interest during the term over which the issuer (borrower of funds)...

An exotic derivative which constitutes a range note on a stock or stock index where the payout depends on the...