InvestorWords.com Term of the Day The term of the day from InvestorWords.com http://www.investorwords.com Term of the Day for July 10, 2009: equity-linked note IW logo
equity-linked note

A debt instrument whose return on investment is tied to the equity markets. The return on equity-linked notes may be determined by a stock index, a basket of stocks, or a single stock. These securities are usually protected from negative performances in the base equity by guaranteeing a minimum redemption value.

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equity-linked note

A debt instrument whose return on investment is tied to the equity markets. The return on equity-linked notes may be determined by a stock index, a basket of stocks, or a single stock. These securities are usually protected from negative performances in the base equity by guaranteeing a minimum redemption value.

Copyright(c) 1997-2008 by WebFinance, Inc. ALL RIGHTS RESERVED. Unauthorized duplication, in whole or in part, is strictly prohibited. ]]> http://www.investorwords.com/5551/equitylinked_note.html http://www.investorwords.com/5551/equitylinked_note.html July 10, 2009