A type of debt instrument whereby the return is linked to the performance of a group of underlying stocks or equities that are also linked to the security.
Related information about equity linked security (ELKS):
- Equity-Linked Security (ELKS) Definition | Investopedia
A hybrid debt instrument that is linked to the equity markets. Equity-linked securities can be in the form of a single stock, a group of stocks or an equity- based ...
- ELKS-Equity Linked Securities Definition & Example ...
We explain the definition of Equity Linked Security (ELKS), provide a clear example of how it works and explain why it's an important concept in business, ...
- What is equity linked security (ELKS)? definition and meaning
Definition of equity linked security (ELKS): A type of debt instrument whereby the return is linked to the performance of a group of underlying stocks or equities ...
- What is equity linked foreign exchange option? definition and meaning
equity linked foreign exchange option. equity linked Eurobond · equity linked security (ELKS). Definition. A combined type of position that is held on a forward ...
- Equity-LinKed Security (ELKS)
An enhanced dividend, capped return instrument modeled on Preference Equity Redemption Cumulative Stock (PERCS). Unlike PERCS which are issued by ...
- Monumental Global Funding II - A.M. Best
10/13/2006, 50,000,000 USD, Float, Senior Secured, Equity-Linked Security ( ELKS), aa-, No. 05/26/2006, 500,000,000 USD, Float, Senior Secured, Extendible ...
- The Dark Side of Financial Innovation
after Salomon Brothers issued an exchange-listed Equity-Linked Security (ELKS) in 1994, one trader noted “the guys who created [ELKS] and the secondary ...
- The Dark Side of Financial Innovation - Olin Business School at ...
Apr 23, 2004 ... after Salomon Brothers issued an exchange-listed Equity-Linked Security (ELKS) in 1994, one trader noted “the guys who created [ELKS] and ...