Definitions
There is 1 meaning of the phrase
Convertible Security.
Convertible Security - as a noun
A corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
Synonyms (Exact Relations)
convertibleExample Sentences
"She purchased a convertible security that could be exchanged for shares of the company's stock."
"He converted his convertible security into common stock when the stock price reached a certain level."
"The convertible security offers a fixed interest rate until it is converted into stock."
"The company's convertible security allowed bondholders to participate in the growth of the company."
"Investors may choose a convertible security as it offers potential for capital appreciation."
