Equity Linked Note - ELN

AAA

DEFINITION of 'Equity Linked Note - ELN'

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
  1. Equity Commitment Note - ECN

    A type of mandatory convertible bond issued by a bank or other ...
  2. Equity Linked Foreign Exchange ...

    A put or call option that protects an investor from foreign-exchange ...
  3. Equity

    1. A stock or any other security representing an ownership interest. ...
  4. Credit Linked Note - CLN

    A security with an embedded credit default swap allowing the ...
  5. Index Amortizing Note - IAN

    A type of structured note or debt obligation where principal ...
  6. Mutual Fund

    An investment vehicle that is made up of a pool of funds collected ...
Related Articles
  1. Index-Linked Certificates Of Deposit: ...
    Retirement

    Index-Linked Certificates Of Deposit: ...

  2. Index Investing
    Mutual Funds & ETFs

    Index Investing

  3. Mutual Fund Basics Tutorial
    Mutual Funds & ETFs

    Mutual Fund Basics Tutorial

  4. A Look At The Most Popular Bitcoin Exchanges
    Investing Basics

    A Look At The Most Popular Bitcoin Exchanges

Hot Definitions
  1. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  2. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  3. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  4. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
  5. Parity Price

    When the price of an asset is directly linked to another price. Examples of parity price are: 1. Convertibles - the price ...
  6. Earnings Multiplier

    An adjustment made to a company's P/E ratio that takes into account current interest rates. The earnings multiplier is used ...
Trading Center