Glossary

  • Kicker

    A kicker is a bonus payment that is sometimes made when a structured product matures if the value of the underlying asset has risen enough.

  • Knock-in

    Products which knock-in begin working when the underlying passes through a predetermined spot rate or barrier level. Knock-in options are a kind of barrier option.

  • Knock-out

    Products which knock-out terminate when spot passes through a predetermined barrier level. Knock-out options are a kind of barrier option.

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