convertible debenture

/kənˌvɜ:təb(ə)l dɪ'bentʃə/ noun
a debenture or loan stock which can be exchanged for ordinary shares at a later date

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • convertible debenture — ➔ debenture * * * convertible debenture UK US noun [C] ► FINANCE, STOCK MARKET a type of bond that can be exchanged for another type of debt or ordinary shares within a particular period of time …   Financial and business terms

  • convertible debenture — See convertible bond Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Convertible Debenture — A type of loan issued by a company that can be converted into stock by the holder and, under certain circumstances, the issuer of the bond. By adding the convertibility option the issuer pays a lower interest rate on the loan compared to if there …   Investment dictionary

  • convertible debenture — a convertible bond that is not secured with collateral. * * * …   Universalium

  • convertible debenture — a convertible bond that is not secured with collateral …   Useful english dictionary

  • Compulsory Convertible Debenture - CCD — A type of debenture in which the whole value of the debenture must be converted into equity by a specified time. The compulsory convertible debenture s ratio of conversion is decided by the issuer when the debenture is issued. Upon conversion,… …   Investment dictionary

  • Partially Convertible Debenture - PCD — A type of convertible debenture, part of which will be redeemed by the issuing company after a specified period of time and part of which is convertible into equity or preference shares at the end of the specified period. The ratio of conversion… …   Investment dictionary

  • Fully Convertible Debenture - FCD — A type of debt security where the whole value of the debenture is convertible into equity shares at the issuer s notice. The ratio of conversion is decided by the issuer when the debenture is issued. Upon conversion, the investors enjoy the same… …   Investment dictionary

  • high-premium convertible debenture — Fin a convertible bond sold at a high premium that offers a competitive rate of interest and has a long term …   The ultimate business dictionary

  • high-premium convertible debenture — A bond with a long term, high premium, common stock conversion feature. It also offers a competitive interest rate. This type of investment vehicle is aimed at bond investors who want to be able to convert into stock to hedge against inflation.… …   Financial and business terms

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