guaranteed equity bond

English

Noun

guaranteed equity bond (plural guaranteed equity bonds)

1. (British, finance) A type of investment that returns a fixed portion of the principal plus the result of equity trading with the balance.
   • 1997, Les Clewlow with Chris Strickland, Exotic Options: The State of the Art, page 26:

     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 bond

   • 2000, Risk, page 58:

     This landscape suits very well the traditional guaranteed equity bond structure, which is the mainstay of the equity structured retail product market

Synonyms

• GEB

See also

• ladder