convertible bond
A debt instrument issued with a provision allowing the bond holder to swap it for another asset, typically shares of common stock. The terms of the conversion are spelled out in the bond certificate and/or the bond indenture. Compare to Convertible Preferred Stock; convertible debenture.

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Popular Bond Terms

securities account
British Accounting Association
bearer bond
appreciate
debit
responsibility centre
repurchase
implementation
asked price
payroll ledger