翻訳と辞書 Words near each other ・ Equity One ・ Equity premium puzzle ・ Equity ratio ・ Equity release ・ Equity repositioning ・ Equity Residential ・ Equity risk ・ Equity sharing ・ Equity stripping ・ Equity swap ・ Equity theory ・ Equity trading ・ Equity value ・ Equity Weekly ・ Equity-indexed annuity ・ Equity-linked note ・ Equity-linked savings scheme ・ EquityNet ・ EquityZen ・ Equivalence ・ Equivalence (formal languages) ・ Equivalence (measure theory) ・ Equivalence (trade) ・ Equivalence class ・ Equivalence class (music) ・ Equivalence group ・ Equivalence of categories ・ Equivalence of direct radiation ・ Equivalence of metrics ・ Equivalence partitioning Dictionary Lists mini英和辞書 mini和英辞書 Webster 1913 Latin-English FOLDOC Wikipedia English ウィキペディア

翻訳と辞書　辞書検索 [ 開発暫定版 ] スポンサード リンク Equity-linked note ： ウィキペディア英語版 Equity-linked note Equity-linked note (ELN) is a debt instrument, usually a bond, that differs from a standard fixed-income security in that the final payout is based on the return of the ''underlying equity'', which can be a single stock, basket of stocks, or an equity index. Equity-linked notes are a type of structured products. Most equity-linked notes are not actively traded on the secondary market and are designed to be kept to maturity. However, the issuer or arranger of the notes may offer to buy back the notes. Unlike the maturity payout, the buy-back price before maturity may be below the amount invested in first place. ==Payout== A typical ELN is principal-protected, i.e. the investor is guaranteed to receive 100% of the original amount invested at maturity but receives no interest. Usually, the final payout is the amount invested, plus the gain in the underlying stock or index times a note-specific ''participation rate'', which can be more or less than 100%. For example, if the underlying equity gains 50% during the investment period and the participation rate is 80%, the investor receives 1.40 dollars for each dollar invested. If the equity remains unchanged or declines, the investor still receives one dollar per dollar invested (as long as the issuer does not default). Generally, the participation rate is better in longer maturity notes, since the total amount of interest given up by the investor is higher. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Equity-linked note」の詳細全文を読む スポンサード リンク 翻訳と辞書 : 翻訳のためのインターネットリソース Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.