autocall Definition
a type of financial investment product that automatically redeems the principal and any accrued interest if certain pre-defined conditions are met.
Using autocall: Examples
Take a moment to familiarize yourself with how "autocall" can be used in various situations through the following examples!
Example
The bank offered an autocall investment product with a guaranteed return.
Example
Autocall notes are popular among investors who want to limit their downside risk.
Summary: autocall in Brief
An 'autocall' [aw-toh-kawl] is a type of financial investment product that automatically redeems the principal and any accrued interest if certain pre-defined conditions are met. It is also known as an 'autocallable note.' Autocall notes are popular among investors who want to limit their downside risk.