A note in which coupon amount is determined largely or entirely by an embedded range accumulation option, and where the...
A range note (a type of structured note) that is embedded with a call option. The embedded option allows the...
An acronym for callable range accrual note, which refers to a range note (a type of structured note) that is...
A note that pays interest only if the floating interest rate (such as LIBOR) stays within a prespecified range. This...
The risk that arises from an underlying rate/price of a range-type derivative sliding outside the specified range. For example, the...