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Convertible Bond
What does it mean?
A bond that can be converted into a predetermined amount of the company's equity at certain times during its life. Convertibles are sometimes called CVs.
In Other Words...
Convertible bonds tend to offer a lower rate of return in exchange for the option to trade the bond into stock.
Related Links
Bond Basics Tutorial - What are bonds and do they belong in your portfolio? Get all the answers in this comprehensive tutorial.
Related Terms
Bond | Busted Convertible Bond | Contingent Convertible | Conversion Price | Convertible Preferred Stock | Death Spiral | Hybrid Security | Mandatory Convertible | Residual Security | Stock | Warrant
1 |
A | B |
C | D |
E | F |
G | H |
I | J |
K | L |
M | N |
O | P |
Q | R |
S | T |
U | V |
W | X |
Y | Z
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