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convertible debenture

American  

noun

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

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.

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

From Reuters • Nov. 5, 2013

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.

From Time Magazine Archive

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.