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Barrier Discount Certificate

A discount certificate (belonging to the broad category of yield enhancement products) that allows the holder to invest indirectly in...

Rolling Discount Certificate

A position in a series of consecutive short-term discount certificates. At maturity of a given certificate, the proceeds (principal and...

Discount Certificate

A structured product that gives the holder an opportunity to buy an underlying asset at less than market price (i.e., with a discount)....