convertible security

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convertible security

n.
A security that, at the holder's option, may be exchanged for another asset, typically a fixed number of shares of common stock.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.convertible security - a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
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; "he held several valuable securities"
References in periodicals archive ?
The debt ratio is negatively related to offering exchangeable securities, which is consistent with either the clientele hypothesis or balance sheet management.
Shares of Coeur's common stock (the "Coeur Shares") issuable upon (i) the exercise of warrants (the "Warrants") to acquire Coeur Shares to be issued by Coeur in connection with the proposed Transaction and (ii) the exchange of exchangeable securities (the "Exchangeable Shares") to be issued by a subsidiary of Coeur in connection with the proposed Transaction which may be registered pursuant to a registration statement on Form S-4 to be filed with the U.
The Fund s primary investment objective is to achieve long-term growth of capital by investing primarily in a portfolio of equity securities consisting of common stock, preferred stock, convertible or exchangeable securities and warrants and rights to purchase such securities.
4 billion in net assets whose primary investment objective is to achieve long-term growth of capital by investing primarily in a portfolio of equity securities consisting of common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities.
The exchangeable securities will permit electing shareholders to defer all or part of the Canadian income tax consequences of the arrangement until the disposition of the exchangeable securities or their exchange for Units of the Fund.
Interested parties may obtain a written prospectus relating to the exchangeable securities offering from Citigroup, Brooklyn Army Terminal, 140 58th Street, 8th floor, Brooklyn, New York 11220.
6 billion in exchangeable securities tender in March 2010).
6 billion in exchangeable securities will tender their securities in March 2010.