guaranteed equity bond
From Wiktionary, the free dictionary
Noun
guaranteed equity bond (plural guaranteed equity bonds)
- (British, finance) A type of investment that returns a fixed portion of the principal plus the result of equity trading with the balance.
- 1997, Les Clewlow with Chris Strickland, Exotic Options: The State of the Art, page 26:
- Thus what is sometimes called a ladder structure can be created which can be added to the zero coupon bond to create an attractive guaranteed equity bond
- 2000, Risk, page 58:
- This landscape suits very well the traditional guaranteed equity bond structure, which is the mainstay of the equity structured retail product market
Synonyms
See also
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