Currency Linked Investment definition

Currency Linked Investment means a currency linked investment in which a placement of funds is accepted in one currency, the Base Currency, and which may be repayable in another currency, the Alternate Currency.
Sample 1Sample 2Sample 3
Currency Linked Investment or “CLI” means a currency linked investment of a type which the Bank may, from time to time, make available subject to these WMA Terms and Conditions.
Sample 1Sample 2Sample 3
Currency Linked Investment or “CLI” means a currency linked investment of a type which DBS may, from time to time, make available in accordance with Section E;
Sample 1Sample 2Sample 3

Examples of Currency Linked Investment in a sentence

  • A Currency Linked Investment involves a currency option which confers on us, as the deposit-taking institution, the right to repay the principal amount and interest accrued thereon on the CLI Maturity Date in either the Base Currency or the Alternate Currency.

  • All or part of the interest received on the Currency Linked Investment represents the premium on the currency option.

  • Upon such termination, we shall pay to you an amount as determined by us, in our absolute discretion, to be the fair market value of the Currency Linked Investment as at the date of termination less any Losses that may be suffered and/or incurred by us (including the costs of unwinding any related underlying hedge, realising any option, future contract or any other financial instrument).

  • In this regard, you acknowledge that the fair market value of the Currency Linked Investment may be substantially less than the principal amount placed with us and we shall not be liable to you for any Losses that may be suffered and/or incurred by you in connection with or by reason of such termination.

  • If you enter into a Currency Linked Investment, you must be prepared to receive the principal amount and accrued interest in the Alternate Currency, converted at the Pre-Agreed Exchange Rate on the CLI Maturity Date.


More Definitions of Currency Linked Investment

Currency Linked Investment. , “CLI” or “CLIs” means an investment offered by BOC under Part F Clause 1. where a Principal Amount is placed with BOC in a given Base Currency and (i) where such Principal Amount is repayable, and/or the amount of interest payable thereon is calculated, in whole or in part by reference to changes in currency exchange rate(s); and/or (ii) where such Principal Amount is repayable, and/or the amount of interest payable thereon, may be paid in the Alternate Currency and shall include, without limitation, over-the-counter derivatives, forwards or futures, options and/or any other investment as BOC may from time to time offer to the Account Holder or permit
Sample 1
Currency Linked Investment means a Linked Investment made under the Terms where the Underlying is a currency or currencies;
Sample 1

Related to Currency Linked Investment

  • Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.

  • Sustainable Investment means an investment in an economic activity that contributes to an environmental objective, as measured, for example, by key resource efficiency indicators on the use of energy, renewable energy, raw materials, water and land, on the production of waste, and greenhouse gas emissions, or on its impact on biodiversity and the circular economy, or an investment in an economic activity that contributes to a social objective, in particular an investment that contributes to tackling inequality or that fosters social cohesion, social integration and labour relations, or an investment in human capital or economically or socially disadvantaged communities, provided that such investments do not significantly harm any of those objectives and that the investee companies follow good governance practices, in particular with respect to sound management structures, employee relations, remuneration of staff and tax compliance;