Structured product terms explained

There are a broad range of structured offerings in the market, but how do you categorise them? The typical way of defining them is: structured deposits are effectively the same as deposit accounts in that your money is sitting on deposit with a bank. Clearly, there are terms and conditions around that deposit, so it is not an instant access account or a short-term deposit account. But basically the security behind it is the same as when you are putting your money with a bank or a building society. Whereas a structured investment product is typically taken with some kind of debt with t...