A bond that is able to be converted, or traded in, for another security at the option of the bondholder
General debt obligation of a corporation that can be exchanged for a set number of common shares of the issuing corporation at a prestated conversion price
Bond that can be exchanged for specific amounts of common stock in the issuing firm
A bond that investors may exchange for stock at a future date under certain conditions Convertibles are an intriguing hybrid investment, offering some of the upside potential of stocks but also the downside protection of bonds On the upside, bonds offer a conversion ratio that dictates how many shares of stock you can receive if you trade in your bonds Typically, you'll pay a premium for the exchange, but if the underlying stock is on fire, conversion is worthwhile On the downside, bonds offer a guaranteed dividend yield, even if the underlying stock slides Because of their complexity, the best way to invest in convertibles is through a convertible bond fund BACK TO TOP
(p 616) A bond that can be converted into shares of common stock in the issuing company
can be converted into shares of the issuing company Convertible currency - one whose government allows it to be exchanged freely for others Sometimes limited to exchanges needed only for trade (known as convertible on the current account only) But if allowed for investment and lending as well, then known as full convertibility, including on the capital account (of the balance of payments)
A bond which, at the option of the holder, is convertible into other securities of the by one corporation convertible into the equity of another Also, some securities have been issued which are convertible into a specified amount of an underlying commodity
A bond that can be exchanged at the option of the holder into preferred or common stock at a preset ratio (See common stock, preferred stock)
A bond which, at the option of the holder, is convertible into securities of the corporation, usually into common equity Occasionally, convertibles have been issued by one corporation convertible into the equity of another Also some securities have been issued which are convertible into a specified amount of an underlying commodity
A debt security that is exchangeable for a set number of shares of another type of security, usually common stock, at a predetermined price (See Bond )
A bond containing a provision that permits conversion to the issuer's common stock at some fixed exchange ratio
A debt security that is exchangeable for a set number of shares of another type of security, usually common stock, at a predetermined price See Bond
A type of bond that has an option which can be exercised by the owner of the bond to exchange the bond for an equity security (common or preferred stock) of the issuer The bond will state the times and number of shares that the bond may be converted into
A bond which can be exchanged for a fixed number of shares of stock for a specified amount of time
A corporate bond, usually junior or subordinated debenture, that can be exchanged for shares of the issuer's common stock at a specified exchange ratio and price
A bond that is exchangeable for a predetermined number of shares of common stock in the same company The appeal of a convertible is that it gives you a chance to cash in if the stock price of the company soars Some preferred sto ck is also convertible to common stock
fixed interest company security which the holder may convert into the issuer's ordinary shares at a specified price
IOUs ("certificates") that can be exchanged for common stock of the same corporation Unlike regular bonds that fluctuate in value based upon interest rate, these bonds tend to fluctuate in price based on the price of stock
Bonds that may be exchanged for other securities of the corporation, usually common stock The buyer of a convertible bond or preferred stock has the security of the promised interest or preferred dividend yet can enjoy profits from the rise in price of the stock into which the convertible security can be converted once that stock's price exceeds the stipulated conversion price
Convertible bonds are bonds which may be converted, at the option of the holder, into shares of the same issuing corporation during a specified time period and according to specified conditions