Home > Terms > English, UK (UE) > convertible
convertible
The corporate securities, usually preferred shares or bonds, that can be exchanged for a set number of another form, usually common share, at a pre-stated price. Convertibles are appropriate for investors who want higher income than is available from common stock, together with greater appreciation potential than regular bonds offer. From the issuer's standpoint, the convertible feature is usually designed as a sweetener, to enhance the marketability of the stock or preferred.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Venture capital
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Fishing Category: Fish processing
Fish processing
Fish and fish caught or, harvest time and the final product delivered to the customer refers to the process of fish products between the time-related.
Contributor
Featured blossaries
Browers Terms By Category
- Natural gas(4949)
- Coal(2541)
- Petrol(2335)
- Energy efficiency(1411)
- Nuclear energy(565)
- Energy trade(526)
Energy(14403) Terms
- General art history(577)
- Visual arts(575)
- Renaissance(22)
Art history(1174) Terms
- General jewelry(850)
- Style, cut & fit(291)
- Brands & labels(85)
- General fashion(45)
Fashion(1271) Terms
- Electricity(962)
- Gas(53)
- Sewage(2)
Utilities(1017) Terms
- SSL certificates(48)
- Wireless telecommunications(3)