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 Glossary   >   C   >   "Convertible exchangeable" Definition   

        Convertible exchangeable

Convertible preferred stock that may be exchanged, at the issuers option, into convertible bonds that have the same conversion features as the convertible preferred stock.

Convertible exchangeable


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Convertible exchangeable - Convertible preferred stock that may be exchanged, at the issuers option, into convertible bonds that have the same conversion features as the convertible preferred stock.


Convertible exchangeable : convertible preferred stock that may be exchanged, at the issuers option, into convertible bonds that have the same conversion features as the convertible preferred stock.