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convertible bond

American  

noun

  1. 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.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

EP is also offering to buy OCEANEs, a type of convertible bond, at 81.09 euros a share.

From The Wall Street Journal • Jan. 26, 2026

Strategy, the largest corporate Bitcoin holder, has financed its purchases of Bitcoin, now totaling about 650,000 coins worth about $60 billion, with a mix of equity sales, preferred stock and convertible bond.

From Barron's • Nov. 18, 2025

Senate confirmation hearing that Cantor's investment in Tether is in the form of a convertible bond.

From Salon • Feb. 6, 2025

"Trading volume was massive in Jan 2023 as everyone was chasing for risk after a tough 2022," said William Lam, head of Asia convertible bond trading at BNP Paribas in Hong Kong.

From Reuters • Mar. 31, 2023

Just what emotion, for example, is appropriate in the presence of the four and a half per cent convertible bond of the Chesapeake and Ohio Railway Co.?

From The Value of Money by Anderson, Benjamin M.

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