释义 |
Bond value Bond valueWith respect to convertible bonds, the value the security would have if it were not convertible. That is, the market value of the bond minus the value of the conversion option.Straight ValueIn convertible security, the value of the security itself (usually a bond or preferred stock) without considering the fact that it may be converted to common stock. That is, the straight value is the value of a convertible bond less the value of the conversion option. It is also called the bond value or the investment value. |