autocallable
C2CEFR level
95/100Rarity: very rare
TechnicalRegister
A structured product that redeems early with a coupon if the underlying reaches a set level on an observation date.
The autocallable knocked out at the first observation, handing investors their coupon a year ahead of schedule.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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