Equity Linked Note - ELN

What Does Equity Linked Note - ELN Mean?
An instrument whose return is determined by the performance of a single equity security, a basket of equity securities, or an equity index.

Investopedia explains Equity Linked Note - ELN
In the case of a note linked to an equity index, the security would typically be called an equity index-linked note.

Related Terms

Credit Linked Note - CLN
Equity
Equity-Linked Foreign Exchange Option - ELF-X
Equity-Linked Security
Mutual Fund
Principal-Protected Note - PPN
Vanguard Exchange-Traded Funds
More Related Terms

Related Links

Index Investing - Get to know the most important market indices and the pros and cons of investing in them.
Mutual Fund Basics Tutorial - Learn about the basics - and the pitfalls - of investing in mutual funds.
Index-Linked Certificates Of Deposit: Upside Potential, Low Risk - Index-linked CDs generate returns similar to indexes, without the potential for loss.

Rate this Term: Your Rating: Overall Rating: Vote Now!