Of bonds, loan stock, etc.: that can be converted into other shares (esp. ordinary shares) or another class of stock on a preferred basis…
单词 | θ222069 |
释义 | society > trade and finance > stocks and shares > stocks, shares, or bonds > [adjective] > types of securities > types of bond (5) convertible1869 Of bonds, loan stock, etc.: that can be converted into other shares (esp. ordinary shares) or another class of stock on a preferred basis… yearling1911 Finance. In early use: designating a bond redeemable after one year. In later use usually: British designating a bond issued by a local… Euroconvertible1968 (a) adj. of or designating a Eurobond, Euro-issue, etc., having the right of conversion into another type of security; (b) n. a Eurobond… muni1979 Municipal; spec. designating or relating to a municipal bond. Esp. in muni bond. zero-coupon1979 designating a bond or other debt obligation for which no interest is paid, being issued below its redemption price, with the full amount payable… |
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