NOUN
- a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
How To Use convertible security In A Sentence
- Conversion Premium The amount by which the price of a convertible security exceeds the current market value of the common stock into which it may be converted.
- Conversion Premium The amount by which the price of a convertible security exceeds the current market value of the common stock into which it may be converted.
- We use numerical method to calculate the optimal utility of the entrepreneur, and analysis the welfare loss caused by restricting the financing tool as convertible security.
