Examples of Initial Reference Price in a sentence
Where:A Barrier Event shall be deemed to occur if the Final Reference Price of at least one Underlying is below the Barrier.The Performance of an Underlying is the difference between its Final Reference Price and its Initial Reference Price, divided by its Initial Reference Price, expressed in absolute value.The Worst-Performing Underlying is the Underlying that shows the lowest Final Reference Price when divided by its Initial Reference Price.
Automatic Early Redemption: If, on any Autocall Valuation Date, the closing price of the Underlying is greater than or equal to 100% of the Initial Reference Price, the product will be redeemed on the corresponding Early Redemption Date.
Option: Initial Reference Price Observation In case of Initial Reference Price Observation, Initial Reference Price means the Reference Price determined on the Initial Observation Date ("Initial Reference Price Observation").
These options are described in section "A.1.b) Initial Reference Price".
Option: Initial Average Observation In case of Initial Average Observation, Initial Reference Price means the equally weighted average (arithmetic mean) of the Reference Prices determined on the Initial Observation Dates ("Initial Average Observation").