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. Credit Default Swaps: What Happens In ...
    Insurance

    Credit Default Swaps: What Happens In ...

comments powered by Disqus
Hot Definitions
  1. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
  2. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  3. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  4. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  5. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  6. Budget Deficit

    A status of financial health in which expenditures exceed revenue. The term "budget deficit" is most commonly used to refer ...
Trading Center