Glossary - K

Kick-Out

A Kick-Out is a feature often used in Structured Products that allows for the product to mature early and a fixed return to be paid, provided certain market conditions are met (for example, if the Underlying closes at or above a given level on a set date). Please also see ‘Autocall’.

Knock-In Event/Knock-Out Event

Is an event on a relevant valuation day, which causes a breach of a relevant barrier as defined in the terms of that Structured Product.
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