Worst Performance definition

Worst Performance means the worst performance of the relevant Basket Components as determined by the Calculation Agent, with the performance of each Basket Component being calculated by division of the corresponding Final Fixing Level by the corresponding Initial Fixing Level.

Worst Performance means Final Reference Price divided by Initial Reference Price in respect of the Reference Item(k) for which such ratio is lowest

Worst Performance means, in respect of a ST Valuation Date, the Performance for the Reference Item(s) with the lowest or equal lowest Performance for any Reference Item in the Basket in respect of such ST Valuation Date.

Examples of Worst Performance in a sentence

• Otherwise the redemption of the Product will depend on the value of the Underlying with the Worst Performance, as described in section “Redemption”.

• Therefore, the Investor could lose the total capital invested if the Barrier Event has occurred and if the value of the Underlying with the Worst Performance falls to zero.

• Therefore, the Investor could lose the total capital invested if the Barrier Event has occurred and if the value of theUnderlying with the Worst Performance falls to zero.

• If a Barrier Event has occurred, the redemption of the Product will depend on the value of the Underlying with the Worst Performance, as described in section “Redemption”.

• Worst Performance The Worst Performance is calculated by dividing the Fixing (Final) by the Fixing (Initial) in relationto each Underlying.

• The quotient is formed by dividing the Worst Performance (final) by the Strike.

• If the price of the Basket Components falls, the value of the Securities regularly falls.Redemption on the Final Payment Date depends on the Worst Performance (final).

• The Worst Performance corresponds to the lowest of all such calculated values.

• Therefore, the Investor could lose the totalcapital invested if the Barrier Event has occurred and if the value of the Underlying with the Worst Performance falls to zero.

• Redemption Amount: The Redemption Amount corresponds to an amount in the Specified Currency calculated or specified by the Calculation Agent as follows:- If no Barrier Event has occurred the Redemption Amount corresponds to the Maximum Amount.- If a Barrier Event has occurred the Redemption Amount is specified according to the following formula: Redemption Amount = Nominal Amount x Worst Performance (final) / StrikeHowever, in this case the Redemption Amount is not greater than the Nominal Amount.

More Definitions of Worst Performance

Worst Performance means the value as determined by the Calculation Agent in accordance with the following formula: FinalIndexLevel InitialIndexLevel

Worst Performance means the Index Return in respect of the Worst Performing Index.

Worst Performance means Final Reference Price divided by Initial Reference Price in respect of the security, among those described in provision 36, for which such ratio is lowest

Worst Performance means the lowest percentage value of the Underlying Performance for each Underlying observed on the Determination Date;