Business / Finance / Investment Value: Applies mainly to dealer securities. Fixed income value of a convertible, the price at which the convert would have to sell as a straight debt instrument relative to the yield of other bonds of like maturity, or size, and quality; represents a presumed floor to the bond, assuming the continued creditworthiness of the issuer and the general level of interest rates. Bond value. See: conversion value.
Business / Loan / Program-Related Investment: Broad, functional definition: A method of providing support to an organization, consistent with program goals involving the potential return of capital within an established time frame. In the context MORE
Business / Finance / Private Market Value (PMV): The break-up market value of all divisions of a company if divisions were each independent and established their own market stock prices. MORE