convertible
71Convertible Debenture — 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 convertibility option the issuer pays a lower interest rate on the loan compared to if there …
72Convertible Preferred Stock — Preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date. Also known as convertible preferred shares . Most convertible preferred stock …
73Convertible Bonds — Con|ver|ti|ble Bonds auch: Con|ver|tib|le Bonds 〈[kənvœ:tıbl bɔ̣ndz] Pl.; Wirtsch.〉 in Großbritannien u. den USA übliche Schuldverschreibungen, die ab einem vorbestimmten Termin jederzeit vom Inhaber in Aktien umgetauscht werden können [<engl …
74convertible debt spread — The difference between the coupon interest rate on the convertible and the coupon interest rate on the issuing company s nonconvertible bonds. The amount by which the convertible s interest is lower depends on a number of factors, including the… …
75Convertible Arbitrage — An investing strategy that involves the long position on a convertible security and a short position in its converting common stock. This strategy attempts to exploit profits when there is a pricing error made in the conversion factor of the… …
76Convertible ARM — An Adjustable Rate Mortgage (ARM) that gives the borrower the option to convert to a fixed rate mortgage. Convertible ARMs are marketed as a way to avoid rising interest rates and usually include specific conditions. The financial institution… …
77Convertible Subordinate Note — A short term debt security (note), that can be changed into common stock (convertible) and ranks below other loans (subordinate). Don t let all the words in this term intimidate you. Break up the term and it s easy to see this is just a short… …
78convertible ARM — An ARM for which the borrower has the option to convert from a floating rate loan to a fixed rate loan. Convertible ARMs can typically be converted in the first through fifth years of the mortgage loan. Because borrowers can exercise their… …
79Convertible Bonds — Con|ver|ti|ble Bonds [kən və:təbl ] die (Plur.) <aus gleichbed. engl. amerik. convertible bonds zu to convertible »sich umwandeln lassen« u. bond »Anleihe, Schuldverschreibung«> (in England u. in den USA) Schuldverschreibungen, die sich auf …
80convertible securities — A bond, debenture or preferred share which may be exchanged by the owner for common stock or another security, usually of the same company, in accordance with the terms of the issue. The ratio between the convertible and conversion securities is… …
