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Non-Recourse Leveraged Credit Linked Note

A leveraged credit linked note (LCLN) is a note that is secured by collateral posted, but for which the borrower...

FRN

It stands for floating-rate note; a medium to long-term debt obligation (note) that has its coupon rate linked to some…

SPAN

Abbreviation for spread-adjusted note; a debt instrument that bears a base rate fixed or linked to a sovereign rate (Treasury…

Floater

Another name for a floating rate note (FRN); a medium to long-term debt obligation (note) that has its coupon rate…

Indexed Currency Option Note

An index-linked product (an index-linked note or bond) that is denominated and interest-payable in one currency whilst its redemption value...

Turbo Triggered Liability Amortization

A structural feature involves imposition of a priori requirements structured liability amortization through a timetable of time steps and corresponding…

Spread-Adjusted Note

A debt instrument that bears a base rate fixed or linked to a sovereign rate (Treasury rate) and a specific…

Auto-Callable Absolute Return Barrier Note

An absolute return barrier note (ARBN) which is generally “continously callable”- i.e., with continuous call dates. This allows the note…

BCLN

A credit linked note (CLN) in which the underlying is a portfolio or basket subject to credit risk. In other…

Pro-GroS

It stands for protected growth security; a callable equity-linked note which provides its holder with principal protection and upside participation,...