Capital-back guarantee

Unless otherwise defined, the contractual stipulation in the case of certificates that the purchaser of the certificate will in any case receive back the purchase price for the security at maturity. Of course, in the worst case, the buyer may have to forego interest; however, he has the opportunity to participate in favorable changes in the underlying instrument. – See bond, inflation-linked, capital protection.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
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