InvestorWords.com
asset swapped convertible option transaction
Definition
ASCOT. The option to split a convertible bond into two separate parts, a bond and an option. Doing this creates two parts, one which is relatively stable (the bond) and one which is relatively volatile (the option). ASCOTs are often used to increase the leverage of one's portfolio.
Recommended Articles from InvestorGuide.com
Related Videos
Featured Advertiser
Get our free Term of the Day newsletter!
Nearby Terms
- asset size
- asset stripper
- asset substitution
- asset substitution problem
- asset swap
- asset swapped convertible option transaction
- asset turnover
- asset valuation
- asset valuation reserve
- asset value
- asset-backed security
