Equity-Linked Note (ELN),
What is Equity-Linked Note (ELN)?
Equity Linked Rating (ELN) is an investment product that combines fixed income investments with potential additional returns related to stock performance. Unit-linked notes are usually made to repay the initial investment with a variable interest component depending on the performance of the respective stock. ELNs can be configured in different ways, but the vanilla version works like a ribbon bow with call options on the call section, stock basket or indexes like S&P 500 or DJIA. In the case of stock index notes, security is commonly referred to as stock index notes.
Literal Meanings of Equity-Linked Note (ELN)
Meanings of Equity:
The standard of fairness and impartiality
Price of shares issued by the company
Guaranteed value of the property after deducting any applicable fees.
(In the UK, US and some other countries) A union that must have all professional actors.
Sentences of Equity
Owns 62% of the group's capital.
People who have accumulated a large amount of equity in their homes.
Synonyms of Equity
fair play, decency, equitableness, goodness, conscientiousness, properness, objectivity, value, even-handedness, righteousness, scrupulousness, integrity, right of possession, disinterestedness, fairness, sensibleness, honesty, ownership, open-mindedness, justness, balance
Meanings of Linked:
Establishing, creating or proposing a relationship with or between them.
Sentences of Linked
Rumors of her being linked to Judith.
Synonyms of Linked
associate, relate, connect, draw a connection between, bracket, wed, marry, join
Meanings of Note:
A brief note of ideas or points as a reminder.
Short informal letters or text messages.
A special sound produced by a musical instrument or a human voice.
Observe or pay attention to (something).
Enter (something) in writing.
Sentences of Note
I will make a note in my diary.
I left a note explaining where I was going.
Symphony's last notes disappeared.
There is hatred in your voice
Seeing his mother's extraordinary happiness.
Write the address on a piece of paper
Synonyms of Note
jottings, record, indication, item, put in writing, message, minute, mark down, synopsis, streak, commit to paper, outline, sketch, observations, reminder, inscription, inscribe, precis, account, communication, consider, transcript, minutes, commentary, banknote, heed