Business, Legal & Accounting Glossary
ETN. A type of debt security, which combines features of an exchange traded fund and a bond. ETNs can be traded on an exchange such as the NYSE, but also can be held until their maturity date, like a bond. The amount of returns for an ETN is based upon the performance of a particular market index, and the value of an ETN is affected by many things including changes in the credit rating of the party that issued the ETN.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Exchange Traded Note are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.