Security which can be exchanged for a specified amount of another, related security,...
Capable of being exchanged or interchanged; reciprocal; interchangeable.
A type of bond or preferred stock that can be converted into common stock (usually that of the issuer) at the holder's option. Convertibles are negotiable securities and certificates are issued that are similar to stock and bond certificates.
A convertible is an adaptation of a straight bond issue which gives an investor the ability to convert the bond into a specified number of shares of the same issuer at a predetermined price.
A type of investment, usually a bond, debenture or preferred share, which you may exchange for common shares usually of the same company, at a set price and usually by a set date. The company may force you to exchange if the price of its common shares goes above the value of your preferred shares.
A convertible bond. A debt instrument which offers its owner the option to exchange the principle for equity at a pre-determined price.
The exchange of one type of security, such as a convertible bond, into another type, such as equity.
Type of bond, preferred stock, or other security that can be converted into another type of security if the owner so chooses, according to preset terms. Convertible preferred stock is usually convertible into common stock.
100 Goldman Sachs index of the 100 convertibles of greatest institutional importance. Weighted by issue size, it measures the performance of its components against that of their underlying common stock and against other broad market indexs as well.
When a stock or bond is convertible to another stock or bond under certain specified conditions and times.
Describes securities that include the right to exchange them at the option of the holder for a certain number of shares of another class of stock
a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
capable of being exchanged for or replaced by something of equal value; "convertible securities"
a bond that can be exchanged for common stock
a type of bond that can be converted into a firm's common stock (hence the name)
A bond or share which has the option to convert into another bond or share at a fixed date or set of dates and under fixed terms.
A feature of certain bonds, debentures and preferred shares. They may be exchanged by the holder usually for the common stock of the same company, in accordance with the terms of the conversion privilege.
A type of security investment such as a bond, or preferred stock that is convertible into common stock of a particular company.
Is a security which can be exercised into another security. Examples of convertibles are bonds, preferred stocks, warrants, and some swap agreements. Convertibles are related to options because they have specified spans for exercise, conversion price levels which approximate strike prices, and there are inherent premium structures. These premiums are related to volatility considerations.
Bond which can be converted under certain conditions to another security, usually to shares in the company which issued the bond.
A bond or preferred stock that may, under specified conditions, be exchanged for common stock or another security, usually of the same corporation.
Said of a bond, debenture or preferred share that is usually exchangeable for one or more common shares of the same corporation.
A security that can be changed from one form to another when certain circumstances occur. For instance, a bond that can be converted into equity after a certain date, or an ordinary share that can be converted into a preference share.
Any security that can be converted into another security. For example, a convertible bond or convertible preferred stock may be converted into the underlying stock of the same corporation at a fixed rate. The rate at which the shares of the bond or preferred stock are converted into the common is called the conversion ratio.
A bond, debenture or preferred share that may be exchanged by the owner, usually for the common stock of the same company, in accordance with terms of the conversion privilege. A company can force conversion by calling in such shares for redemption if the redemption price is below the market price.
A bond, debenture or preferred share that 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.
Fixed income securities which may be converted into equities at a predetermined future date.
A corporate bond or preference share that pays fixed income but which can be converted into an ordinary share.
A common foreign exchange term referring to the ability to freely exchange one currency into another currency. Full convertibility indicates no restrictions by a country's central bank or government. Other "degrees" of convertibility exist for certain currencies.
A security that can be exchanged for another. Bonds or preferred shares are often convertible into common shares of the same company.