Created by: kirb
Number of Blossarys: 2
English (EN) The price at which a convertible security can be converted (exchanged) into another security. If a $100 convertible note has a conversion price of $5, then the holder of the convertible note can ...
Debt that can be converted from debt to equity, usually at the option of the debt holder. Convertible debt provides the debt holder with preferred protection as a creditor of a company, but with the ...
A form of preferred stock that grants the holder the right (but not the obligation) to convert the preferred stock into common stock. Convertible preferred stock generally has a liquidation ...
Securities that permit the holder to acquire an equity interest by converting (i.e., exchanging) the original security into common stock. Common examples of convertible securities are options, ...
An investor's right to sell the investor's own securities at the same time, at the same price, and on the same terms and conditions as another stockholder (generally the controlling stockholder or ...
The expenses generated by the core operations of a company.
A legal promise to do or not do a certain thing. For example, in a financing arrangement, company management may agree to a negative covenant, whereby it promises not to incur additional debt. The ...
