convertible security


Bond, preferred stock, or debenture that is exchangeable at the option of the holder for common stock of the issuing corporation.

Use this term in a sentence

They had convertible security and we were all very happy with what they did and how they were doing it.

​ Was this Helpful? YES  NO 7 people found this helpful.

You should try to shop around and make sure you are getting a good rate when you buy a convertible security.

​ Was this Helpful? YES  NO 4 people found this helpful.

John Smith was a smart investor who bought a $1000 convertible security bond in ABC Incorporated then converted that bond into common stock as soon as the price went up to $75 per share.

​ Was this Helpful? YES  NO 10 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
net parity antidilutive