structured bond
A bond with complex features, often combining derivatives or customized payoff structures. Used in finance and investment contexts.
Structured bonds can be high-risk, so it is necessary to understand their details well.
This bank sells structured bonds to individual investors.
債券 is the general term for bonds; 仕組債 is a specific type of bond with structured features.
Compound of 仕組 (しくみ, 'structure' or 'mechanism') and 債 (さい, 'bond'). The term is a direct translation of the English 'structured bond'.