Contingent Convertible

A convertible bond in which the price of the underlying stock must reach a certain level before conversion is allowed. All convertible bonds have a conversion price, that is, the price one pays in order to exchange the bonds for stocks. Contingent convertible bonds, however, have a second, higher price that the underlying stock must meet before a bondholder is allowed to convert. For example, the conversion price for a convertible bond may be $10 per share, but if the stock price is below $20 per share, the investor may not convert the bond.

单词	contingent convertible
释义	DictionarySeecocoEncyclopediaSeeCoco Contingent Convertible Contingent Convertible A convertible bond in which the price of the underlying stock must reach a certain level before conversion is allowed. All convertible bonds have a conversion price, that is, the price one pays in order to exchange the bonds for stocks. Contingent convertible bonds, however, have a second, higher price that the underlying stock must meet before a bondholder is allowed to convert. For example, the conversion price for a convertible bond may be $10 per share, but if the stock price is below $20 per share, the investor may not convert the bond.
随便看	put on my thinking cap put on notice put on (one's) dancing shoes put on one's dancing shoes put on (one's) face put on one's face put on one side put on (one's) thinking cap put on one's thinking cap put on one's thinking cap, to put on our dancing shoes put on our faces on put on our thinking cap put on our thinking caps put on paper put on production put on record put ons put-ons put on sackcloth and ashes put on the acid put on the back burner put on the block put on the brakes put on the carpet