# Principal Protection

*Derivatives & Options — Finicade finance glossary*

A structured product that guarantees your original money back while giving some of the upside of a risky asset — built from a safe bond plus an option. The catch: fees, capped gains and no dividends along the way.

**Also known as:** capital protection

**Related terms:** [Structured Product](https://finicade.com/glossary/structured-product), [CPPI](https://finicade.com/glossary/cppi), [Cliquet Option](https://finicade.com/glossary/cliquet-option)

**Taught in:** Hull Street — Structured Products in Practice

Source: https://finicade.com/glossary/principal-protection