ETN definition

ETN means a unique number assigned by ImageSoft to an Error.

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ETN or “ETNs” means the exchange traded notes that relate to the ELSIs as specified in the applicable Confirmation.

ETN means “exchange traded note” and “ETF” means “exchange traded fund.”

Examples of ETN in a sentence

• An ETN is a senior unsecured debt obligation designed to track the total return of an underlying market index or other benchmark.

• However, an ETN is not a mutual fund and does not have a net asset value; the ETN trades at the prevailing market price.

• In addition, the trading price of the ETN in the secondary market may be adversely impacted if the issuer’s credit rating is downgraded.

• The index or asset class for performance replication in an ETN may or may not be concentrated in a specific sector, asset class or country and may therefore carry specific risks.

• Some of the more common risks of an ETN are as follows: The repayment of the principal, interest (if any), and the payment of any returns at maturity or upon redemption are dependent upon the ETN issuer’s ability to pay.

More Definitions of ETN

ETN means the Equipment Trading Network.

ETN means exchange-traded notes, which are senior, unsecured, unsubordinated debt securities issued by a sponsoring financial institution.

ETN significa um título ou instrumento semelhante (garantido ou não garantido) emitido por um banco distribuidor ou outro terceiro que: (i) Acompanhe o desempenho de um Índice de Referência específico; (ii) seja listado e/ou negociado em qualquer ▇▇▇▇▇▇▇ Organizado de Valores Mobiliários; (iii) possa ou não proporcionar juros ou outros pagamentos antes do vencimento; e (iv) possa ser resgatado a critério de seu titular por um valor baseado ou derivado do desempenho desse Índice de Referência na ocasião do resgate.

ETN means a note or similar instrument (whether secured or unsecured) issued by an underwriting bank or other third party that: (i) Tracks the performance of a specific underlying index (the “Underlying Index”); (ii) is listed and/or traded on any Organized Securities Market; (iii) may or may not provide for interest or other payments prior to maturity; and (iv) may be redeemed at the option of the holder thereof at a value based on or derived from, at the time of redemption, the performance of such Underlying Index.

ETN has the meaning ascribed to such term in the Technology Transfer Agreement.

ETN means the European Tracking Network.

ETN means a geographic bearing east of true north;