Principal-Protected Note (PPN)
A fixed-income security that guarantees a minimum return equal to the investor's initial investment (the principal amount).

Also known as "principal-protected products" and "principal-protected securities."

Investopedia Says:
These investments are tailored for risk averse investors wishing to protect their investments while participating in gains from favorable market movements.

Related Terms:
Catastrophe Bond
Equity Linked Noted - ELN
Fixed-Income Security
Note
Risk Averse

• Exhaust Price
• Existing Home Sales
• Exit Fee
• Exit Strategy
• Ex-Legal
• Exordium Clause
• Exotic Currency
• Exotic Option
• Expansion
• Expectations Index
• Expectations Theory
• Expected Return
• Expense
• Expense Limit
• Expense Ratio
• Expense Ratio
• Expiration Cycle
• Expiration Date
• Explicit Cost
• Exponential Moving Average (EMA)
• Exponential Moving Average (EMA)
• Export
• Export-Import Bank Of The United States (Ex-Im Bank)
• Ex-Post
• Ex-Post Risk