Principal-Protected Note - PPN
Definition of 'Principal-Protected Note - PPN'A fixed-income security that guarantees a minimum return equal to the investor's initial investment (the principal amount).Also known as "principal-protected products" and "principal-protected securities." |
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Investopedia explains 'Principal-Protected Note - PPN'These investments are tailored for risk averse investors wishing to protect their investments while participating in gains from favorable market movements. |
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