Tag: redemption
Targeted Accrual Redemption Note (TARN)
What is a ‘Targeted Accrual Redemption Note – TARN'
A targeted accrual redemption note (TARN) is an investment vehicle, calculated based on a variation of...
Face Value
What is 'Face Value' Face value is the nominal value or dollar value of a security stated by the issuer. For stocks,...