kicker

A simple 'kicker' is a right, warrant or other incentive added to debt instruments in order to make them more attractive to potential creditors.


For example with most bonds, the ability to easily exchange one bond in the wider debt market makes them more attractive to investors.

The term 'kicker' derives from 'kick-back,' financial slang for a transaction in which one party offers an incentive in exchange of another party's favor or advantage.

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