Reference Basket Return definition

Reference Basket Return means, in respect of an Exchange Business Day, the sum of the Weighted Share Returns for each Share on such Exchange Business Day.

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Reference Basket Return means a number (which may be positive or negative), expressed as a percentage, equal to: (Final Basket Level / Initial Basket Level) - 1.

Reference Basket Return means the greater of (i) the simple average of the Security Returns for each Security in the Reference Basket rounded to two decimal places, and (ii) zero;

More Definitions of Reference Basket Return

Reference Basket Return means the arithmetic average of the Reference Index Returns.