Created by: kirb
Number of Blossarys: 2
English (EN) 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 ...
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 ...
The right of an investor or lender to force a company to replace the investor's preferred shares or the lender's debt with common shares at a preset conversion ratio. A conversion feature was first ...
The authority of an individual or entity that owns more than 50% of equity in a company or owns the largest block of shares compared to other shareholders.
Permission from different individuals or entities. A company must obtain the consent (or waiver) from a specified percentage of those stockholders who are contractually protected by a covenant to ...
A document providing protection for parties that exchange confidential business information in the process of a transaction or other discussions with potential partners, vendors, investors and ...
The minimum level of financial statement preparation by an accountant. A compilation statement verifies only the mathematical accuracy of the financial information presented to the accountant by ...
