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 Glossary   >   L   >   "Limitation on conversion" Definition   

        Limitation on conversion

Mainly applies to convertible securities. Possible delay in convertibility. More frequently, the right to convert may be terminable prior to a redemption date, preventing the holder from receiving a final coupon or dividend. This latter is known as the screw you clause. See accrued interest

Limitation on conversion


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Limitation on conversion - Mainly applies to convertible securities. Possible delay in convertibility. More frequently, the right to convert may be terminable prior to a redemption date, preventing the holder from receiving a final coupon or dividend. This latter is known as the screw you clause. See accrued interest


Limitation on conversion : mainly applies to convertible securities. possible delay in convertibility. more frequently, the right to convert may be terminable prior to a redemption date, preventing the holder from receiving a final coupon or dividend. this latter is known as the screw you clause. see accrued interest