ENDING INDEX VALUE definition
ENDING INDEX VALUE means the average of the values of the Index at the close of the market on five business days before the maturity of the Securities. We may calculate the Ending Index Value by reference to fewer than five or even a single day's closing value if, during the period prior to the maturity date of the Securities, there is a disruption in the trading of the component stocks comprising the Index or certain futures or options relating to the Index.
ENDING INDEX VALUE equals the Closing Value of the BXM Index on the current Trading Day.