A security whose gain is based on another instrument, a sector index, or broader market index. This basis is not on any yield by interest rate. Often, such a linked security protects the principal by having a set minimum on redemption value.
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A security whose gain is based on another instrument, a sector index, or broader market index. This basis is not on any yield by interest rate. Often, such a linked security protects the principal by having a set minimum on redemption value.
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