guaranteed equity bond
noun1
Business, Finance UK A type of investment that returns a fixed portion of the principal plus the result of equity trading with the balance.
- Thus what is sometimes called a ladder structure can be created which can be added to the zero coupon bond to create an attractive guaranteed equity bond1997, Les Clewlow with Chris Strickland, Exotic Options: The State of the Art, page 26:
- This landscape suits very well the traditional guaranteed equity bond structure, which is the mainstay of the equity structured retail product market2000, Risk, page 58:
- Synonyms
- GEB
- Related terms
- ladder