equity linked note
A security that is backed by a debt instrument that does not pay a fixed interest rate. Instead, the return on investment for an equity linked note is tied to the performance of a single security, a basket of securities, or a broader market index. Some Equity Linked Notes have a minimum redemption value that protects the principal.
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deferred annuity
state retirement pension
value added activity
Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA)