convertible debenture

noun

1. a convertible bond that is not secured with collateral.

Example Sentences

"So we came out with the convertible debenture deal that we saw as more appropriate."

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Magma, for which Raymond James is the financial adviser, will provide short-term financial support to Plutonic by subscribing to a $10 million convertible debenture issue.

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His "ideal" investment is the convertible debenture, a bond that the owner can convert into stock and which, at its best, combines high yield with growth.

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Dow's fresh money was the biggest single public financing ever done by a U.S. chemical company, a 3% convertible debenture issue that investors snapped up the minute it came to market.

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