mandatory convertible bondnoun [ C ]
ukusFINANCE a bond that must be changed into shares by a particular date:
The remaining mandatory convertible bonds will be converted into shares by November 2012.
英语词典包含110679条英英释义在线翻译词条，基本涵盖了全部常用单词的英英翻译及用法，是英语学习的有利工具。