Equity Linked Securities (sm). Salomon Brothers Inc's proprietary Equity Linked Debt Security (q. V.). A debt obligation of Corporation A, equivalent to a buy-write on one share of Corporation B. The' ELKS' is like a PERCS (q. V.), except that the company that issues the stock issues the PERCS, and another company issues the ELKS. Salomon Brothers Inc issued the first ELKS in 1993.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). elks. Retrieved September 20, 2026, from http://smartdefine.org/elks/definitions/1152870 |
| Chicago | Barry Goldsmith. 2010. "elks" http://smartdefine.org/elks/definitions/1152870 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, elks, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/elks/definitions/1152870>. |
| MLA | Barry Goldsmith. "elks" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/elks/definitions/1152870> |