Busted Convertible

Business / Finance / Busted Convertible: Related: Fixed income equivalent. Mainly applies to convertible securities. Convertible bond selling essentially as a straight bond. Assuming the issuer is 'money good,' or will continue to meet credit obligations, such issues can be highly attractive since the price makes virtually no allowance for the bond's call on the common stock, although such issues usually carry high premiums.

Convertible Term

Business / Taxes / Convertible Term: A convertible term life insurance policy can be converted into a permanent life policy at some point in the future without requiring you to pass a health screening exam. A convertible term policy is g MORE

Convertible Security

Business / Finance / Convertible Security: The contractually specified price per share at which a convertible security can be converted into shares of common stock. MORE

Convertible Price

Business / Finance / Convertible Price: Preferred stock that can be converted into common stock at the option of the holder. See also: participating convertible preferred stock. MORE

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