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Convertible debenture

Debenture which can be converted into stock at the Option of the holder and/or the Issuer at a specified date in the future. Because the buyer has the ability to convert the Debenture into stock under certain circumstances, the seller is able to Borrow at a lower cost than if the convertibility feature was not present.

Related Terms: 10 Buy, Borrow, Debenture, ECI, Issuer, Low, Option, Owe, Sell, Sue
Other Related Pages: Category: Stocks Starting With: C
Semi Related Terms: 518 CLICK HERE TO VIEW
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