Convertible bond - Mainly applies to convertible securities. General debt obligation of a corporation which can be exchanged for a set number of common shares of the issuing corporation at a prestated conversion price.
A bond that can be converted into shares of the issuing company or its parent.
Convertible bond : mainly applies to convertible securities. general debt obligation of a corporation which can be exchanged for a set number of common shares of the issuing corporation at a prestated conversion price.
a bond that can be converted into shares of the issuing company or its parent.
Convertible bond