convertible bond


noun

a bond that can be exchanged for a fixed number of shares of the common stock of the issuing company at the holder's option.

QUIZZES

THINK YOU’VE GOT A HANDLE ON THIS US STATE NICKNAME QUIZ?

Did you ever collect all those state quarters? Put them to good use on this quiz about curious state monikers and the facts around them.
Question 1 of 8
Mississippi’s nickname comes from the magnificent trees that grow there. What is it?
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020