/ English Dictionary |
CONVERTIBLE SECURITY
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
A corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
Synonyms:
convertible; convertible security
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("convertible security" is a kind of...):
certificate; security (a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends)