Structured Asset Trust Unit Repackagings


Also found in: Acronyms.

Structured Asset Trust Unit Repackagings

A synthetic security linked or weak-linked to underlying collateral. Ratings usually reflect the credit quality of the underlying securities.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

SATURNS

An equity derivative linked to some stated collateral. The credit rating of SATURNS depends on the risk of the underlying collateral.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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