convertible debenture
An unsecured debt instrument that carries a provision giving the creditor the right to exchange the debt for shares of stock according to the terms of the agreement. See Debenture; Indenture; subordinate debenture.
Browse by Subjects
convertible bond
dilution
unsecured debt
conversion price
debenture
See All Related Terms »

stockholders' equity
fixed costs
fall behind
wire transfer
windfall profit