In finance, a convertible bond or convertible note or convertible debt is a type of
bond that the .... being generally above 100, meaning the investor would
effectively bear a negative yield to bene...
convertible bond. A bond (long term note) that can be exchanged by the holder
for a specified number of shares of stock in the company. The convertibility ...
A convertible bond gives the bondholder the right to convert the bond into a ... In
this example, Company XYZ's convertible bond has a conversion ratio of 20. ...
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A type of loan issued by a company that can be converted into stock by the holder
and, under certain circumstances, the issuer of the bond. By adding the ...
Noun, 1. convertible bond - a bond that can be converted to other securities
under certain conditions. bond certificate, bond - a certificate of debt (usually ...
A convertible bond is a debt instrument that the bondholder can trade in to the
issuing corporation for a specific number of its common stock shares.
Definition of convertible bond: Bond that can be exchanged for the issuing
company's other securities (common stock or ordinary shares, for example) under
General debt obligation of a corporation that can be exchanged for a set number
of common shares of the issuing corporation at a prestated conversion price.
Source: Merriam-Webster's Learner's Dictionary. Examples: ... 1 : capable of
being converted <a bond convertible to 12 shares of common stock>. 2 : having a
Convertible definition, capable of being converted. See more. ... debts payable
only in convertible currencies. noun. 4. ... Finance. a convertible bond or security.