convertible bond
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Related to Convertible bonds: Contingent Convertible Bonds, Foreign Currency Convertible Bonds
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Noun | 1. | convertible bond - a bond that can be converted to other securities under certain conditions bond certificate, bond - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal |
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