Convertibles

What does it mean?
Securities, usually bonds or preferred shares, that can be converted into common stock.

In Other Words...
Convertibles are ideal for investors demanding greater potential for appreciation than bonds give and higher income than common stocks offer.

Related Links
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Related Terms
Busted Convertible Bond | Common Stock | Contingent Convertible | Conversion Price | Convertible Bond | Convertible Preferred Stock | Credit Enhancement | Hybrid Security | Mandatory Convertible | Warrant

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