- convertible debenture
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a convertible bond that is not secured with collateral.
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Universalium. 2010.
convertible debenture
Look at other dictionaries:
convertible debenture — ➔ debenture * * * convertible debenture UK US noun [C] ► FINANCE, STOCK MARKET a type of bond that can be exchanged for another type of debt or ordinary shares within a particular period of time … Financial and business terms
convertible debenture — See convertible bond Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
Convertible Debenture — A type of loan issued by a company that can be converted into stock by the holder and, under certain circumstances, the issuer of the bond. By adding the convertibility option the issuer pays a lower interest rate on the loan compared to if there … Investment dictionary
convertible debenture — /kənˌvɜ:təb(ə)l dɪ bentʃə/ noun a debenture or loan stock which can be exchanged for ordinary shares at a later date … Dictionary of banking and finance
convertible debenture — a convertible bond that is not secured with collateral … Useful english dictionary
Compulsory Convertible Debenture - CCD — A type of debenture in which the whole value of the debenture must be converted into equity by a specified time. The compulsory convertible debenture s ratio of conversion is decided by the issuer when the debenture is issued. Upon conversion,… … Investment dictionary
Partially Convertible Debenture - PCD — A type of convertible debenture, part of which will be redeemed by the issuing company after a specified period of time and part of which is convertible into equity or preference shares at the end of the specified period. The ratio of conversion… … Investment dictionary
Fully Convertible Debenture - FCD — A type of debt security where the whole value of the debenture is convertible into equity shares at the issuer s notice. The ratio of conversion is decided by the issuer when the debenture is issued. Upon conversion, the investors enjoy the same… … Investment dictionary
convertible bond — see bond 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. convertible bond … Law dictionary
debenture — a fixed interest investment in a company, which has priority for interest payments, generally redeemable after the lapse of a specified time Any debt obligation backed strictly by the borrower s integrity, e.g. an un secured bond. A debenture is… … Financial and business terms
