globally floored contract

Definition

Investment products that are guaranteed to offer a minimum amount of payoff at their maturity. This guarantee protects investors by helping to minimize their loss in the event that the investment loses its value. This is also known as having downside protection in the investment.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
globalization GLOBEX