Convertible Securities — [kən vəːtɪbl sɪː kjuərɪtɪz, englisch] Plural, in den USA Bezeichnung für Wertpapiere, deren Besitz das Recht einschließt, sie zu bestimmten Terminen und Bedingungen in andere Wertpapiere desselben Unternehmens umzutauschen. Es kann sich um… … Universal-Lexikon
convertible securities — A bond, debenture or preferred share which may be exchanged by the owner for common stock or another security, usually of the same company, in accordance with the terms of the issue. The ratio between the convertible and conversion securities is… … Black's law dictionary
convertible securities — A bond, debenture or preferred share which may be exchanged by the owner for common stock or another security, usually of the same company, in accordance with the terms of the issue. The ratio between the convertible and conversion securities is… … Black's law dictionary
Convertible arbitrage — is a market neutral investment strategy often employed by hedge funds. It involves the simultaneous purchase of convertible securities and the short sale of the same issuer s common stock. The premise of the strategy is that the convertible is… … Wikipedia
mandatory convertible securities — Types of convertible bonds that have required conversion or redemption features. One type of mandatory convertible requires the holder to exchange the bonds for common stock at maturity. Often used by banks seeking to meet regulatory capital… … Financial and business terms
Reverse convertible securities — Reverse convertible security or reverse convertible is a short term note linked to an underlying stock. The security offers steady stream of income due to the payment of a high coupon rate. At maturity, the investor will receive either 100% of… … Wikipedia
convertible — adjective capable of being exchanged, changeable, commutable, commutative, complementary, compromisable, correlative, counterchangeable, exchangeable, interchangeable, mutable, permutable, reciprocative, reversible, substitutive, transformable,… … Law dictionary
Convertible bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia
Convertible Security — An investment that can be changed into another form. The most common convertible securities are convertible bonds or convertible preferred stock, which can be changed into equity or common stock. A convertible security pays a periodic fixed… … Investment dictionary
Convertible security — A convertible security is a security that can be converted into another security. Most convertible securities are bonds or preferred stocks that pay regular quarterly interest and can be converted into shares of common stock if the stock price… … Wikipedia
