English Dictionary |
CONVERTIBLE BOND
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Dictionary entry overview: What does convertible bond mean?
• CONVERTIBLE BOND (noun)
The noun CONVERTIBLE BOND has 1 sense:
1. a bond that can be converted to other securities under certain conditions
Familiarity information: CONVERTIBLE BOND used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A bond that can be converted to other securities under certain conditions
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("convertible bond" is a kind of...):
bond; bond certificate (a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal)
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