It stands for equity-linked security; an equity-linked debt issue whose returns are keyed to the performance of a common stock...
It stands for participating convertible preferred stock; a combination of a redeemable preferred stock with common stock. The resulting stock...
Also, high-low FRN; a floating rate note (FRN) which is designed as a yield enhancement instrument. It has a premium...
A floating rate note (FRN) which is designed as a yield enhancement instrument. It has a premium rate that is...
It stands for floating rate tranche; a CMO tranche in which the monthly coupon rate is typically set equal to...
It stands for non-fungible token; a type of cryptographic asset whose ownership is established by a unique digital certificate held...
It stands for super upside note; a structured equity-linked note which is designed to allow investors to fully leverage a...
An interest-only bond (tranche) that receives the excess interest (difference between the coupon rate on the underlying tranches and the...
It stands for absolute return barrier note; a barrier note that pays the holder (investor), at maturity, the absolute performance...
A securitized product (a type of collateralized debt obligations – CDOs) that originates obligations collateralized or backed by a pool...