Aspirin

(redirected from Ecotrin)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.

Aspirin

Australian Stock Price Riskless Indexed Notes. Zero-coupon four-year bonds repayable at face value plus the percentage increase by which the Australian stock index of all ordinaries (common stocks) rises above a predefined level during the given period.

Aspirin

Australian Stock Price Riskless Index Note. A debt security with no coupon with a return based on the return of a benchmark stock index. Unlike most zero-coupon bonds, an Aspirin is issued at face value; however, like others, it is redeemed at face value at maturity, which is four years after issue. The return (or the equivalent of a coupon) on an Aspirin is the fact that the bondholder receives a percentage of the return on the Australian all-ordinaries stock index provided it is over a certain amount. For example, if the limit is 5% and the return is 9% over the four years of the Aspirin, the bondholder receives a return of 4%. However, if the return on the all-ordinaries index falls below the limit, the bondholder receives no return. Aspirins allow investors to participate in the stock market without assuming all of the risk involved.
Mentioned in ?
References in periodicals archive ?
Established in 1988, the Ecotrin Heart Patient of the Year Program honors heart attack survivors who turn their close brush with death into a second chance at life.
Top OTC Drugs Purchased by Consumers Because of a Doctor Recommendation Ranking based on % Share of Buying Households 12-months ending June 2002 Ecotrin 81% Bayer Aspirin 49% Zantac 75 42% Tylenol Arthritis 29% Tums (Total) 28% Pepcid AC/Complete 24% Average Buying Rates per Year Are Higher Among Those Patients Who Received a Doctor Recommendation Average Annual Purchases per Household 12-months ending June 2002 Ecotrin Recommended by Doctor 2.
5 billion producer of major healthcare products, including Nicoderm CQ and Nicorette, Tums, Aquafresh, Contac, Ecotrin, and Oxy, became its first client.