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Definition · Private Markets

Structured Note

Debt issued by a financial institution whose return is linked to an underlying index or asset. Any protection depends on the issuer's credit.

Nashional Investments · Updated October 2026

Educational definition only, not investment, tax or legal advice.

In practice

Private investments trade daily liquidity for access to strategies that public markets do not offer, and most are limited to accredited investors. The term Structured Note is one of the concepts we explain when reviewing a private credit, private equity or interval fund, along with fees, lockups and how much of a portfolio belongs in investments you cannot easily sell.

Questions

Common questions.

What does the term Structured Note mean?
Debt issued by a financial institution whose return is linked to an underlying index or asset. Any protection depends on the issuer's credit.
Why does Structured Note matter for investors?
Private investments trade daily liquidity for access to strategies that public markets do not offer, and most are limited to accredited investors. The term Structured Note is one of the concepts we explain when reviewing a private credit, private equity or interval fund, along with fees, lockups and how much of a portfolio belongs in investments you cannot easily sell..
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Where it applies

See how this fits into a real plan on our Private markets page.

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