Reach all 20,000+ investors by posting a funding request.
Post a RequestConvertible Bond Definition
convertible bond – n : a bond or debt instrument with
a provision allowing the holder or the issuer to convert the security from a
debt (borrowing) instrument to an equity instrument (common stock or other equity
security) of the issuing corporation; such conversions typically occur at a
predetermined exchange ratio stipulated in the convertible bond.
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Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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