convertible


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convertible

adjective capable of being exchanged, changeable, commutable, commutative, complementary, correlative, counterchangeable, exchangeable, mutable, permutable, reciprocative, reversible, substitutive, transformable, transmutable, transposable
Associated concepts: convertible bond rule, convertible bonds, convertible coupon bonds, convertible securities
References in periodicals archive ?
Within 100 yards of her car sat five other convertibles, surrounding her Solara with Porsche Boxsters, Mercedes SL500s and BMWs.
Since the stock contribution requires Labor Department approval, and that isn't easy to obtain, the next step for airlines could be convertible bonds.
2002-31 holds that the contingent-interest component subjects the convertible instrument to the Regs.
Top-performing fund managers utilize proprietary pricing strategies to identify "arbitrage" opportunities in a wide range of domestic and international markets, focusing on pricing relationships between convertible bonds, warrants, options and their underlying equity.
BE scanned the 33 convertible funds Value Line tracks, looking for strong long-term track records.
The convertible preferred leveraged ESOP apparently is becoming the predominant form of new ESOPs.
In 1995, 108 convertible issues netted proceeds of $14.
As the underlying stock increases in value, the convertible appreciates in value as well, and it can increase far beyond its bond value without equity conversion.
To the extent that holders of the called 5% Convertible Debentures do not convert their 5% Convertible Debentures into common stock of Meridian Bioscience, such 5% Convertible Debentures will be redeemed on March 1, 2007, at a redemption price of $1,010 per $1,000 face amount, plus accrued and unpaid interest to March 1, 2007.
At the election of the investors and subject to certain targets being achieved by the Company, the Convertible Preferred Equity will convert into Common Stock based on a valuation of US$700 million.
After completion of the redemption of the remaining outstanding Convertible Notes and the outstanding Athena Notes, the next scheduled maturity date for outstanding long-term indebtedness of Elan will occur in 2011.
Prudential Financial will pay interest on the convertible notes at an annual rate equal to 3-month LIBOR, reset quarterly, minus 2.