Convertibles are ideal for investors demanding greater potential for appreciation than bonds provide, and higher income than common stocks offer. Convertible bonds, for instance, will typically offer a lower coupon than a standard bond. However, the optionality of the bond to convert it to common stock adds value for the bond holder.
Investment dictionary. Academic. 2012.
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convertibles — See convertible securities. Related links loan notes convertible bond; exchangeable bond Practical Law Dictionary. Glossary of UK, US and international legal ter … Law dictionary
convertibles — con vertÂ·iÂ·ble || tÉ™bl n. automobile with a top that can be folded down adj. changeable, transformable, alterable, able to be converted … English contemporary dictionary
convertibles — Corporate debt securities that can be exchanged for shares of stock … American business jargon
convertibles — /kənˌvɜ:təb(ə)lz/ plural noun corporate bonds or preference shares which can be converted into ordinary shares at a set price on set dates … Dictionary of banking and finance
Jennifer Convertibles — Inc. (AMEX|JEN) is the owner and licensor of sofabed specialty retail stores and leather specialty retail stores in the United States, with stores located throughout the Eastern seaboard, in the Midwest, on the West Coast and in the Southwest. As … Wikipedia
Contingent Convertibles - CoCos — A security similar to a traditional convertible bond in that there is a strike price (the cost of the stock when the bond converts into stock). What differs is that there is another price, even higher than the strike price, which the company s… … Investment dictionary
mandatory convertibles — A debt instrument that is exchangeable at some point for equity in the form of common stock or a new issue. Bloomberg Financial Dictionary … Financial and business terms
Obligations convertibles — Droit commercial: obligations susceptibles d être échangées par la société émettrice contre des actions de ladite société à la demande de l obligataire … Lexique de Termes Juridiques
flat — Convertibles: Earning interest on the date of payment only. Bloomberg Financial Dictionary General: Having neither a short nor a long position in a stock. clean. Bloomberg Financial Dictionary Market: Characterized by horizontal price movement,… … Financial and business terms
Coach convertible — Not to be confused with Cabrio coach. Coach convertibles are convertibles built by independent shops, or coachbuilders, by converting closed cars into open ones. This practice filled, and to a small extent continues to fill a small void left by… … Wikipedia