Equity Linked Note - ELN


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.

BREAKING DOWN '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.

  1. Equity

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  2. Equity Commitment Note - ECN

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  3. Equity Linked Foreign Exchange ...

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  4. Index Amortizing Note - IAN

    A type of structured note or debt obligation where principal ...
  5. Credit Linked Note - CLN

    A security with an embedded credit default swap allowing the ...
  6. Mutual Fund

    An investment vehicle that is made up of a pool of funds collected ...
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