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Convertible currency |
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Convertible currencyA currency that can legally be exchanged for another or for gold. In times of crisis, governments sometimes restrict such exchange, giving rise to black market exchange rates.Similar MatchesHigh premium convertible debentureHigh premium convertible debentureA bond with a long-term, high-premium, common stock conversion feature. It also offers a competitive interest rate. This type of investment vehicle is aimed at bond investors who want to be able to convert into stock to hedge against inflation. Convertible preferred stockConvertible preferred stockPreferred stock that can be converted into common stock at the option of the holder. See also: participating convertible preferred stock. Convertible eurobondConvertible eurobondA eurobond that can be converted into another asset, often through exercise of attached warrants. Convertible 100Convertible 100Goldman Sachs index of the 100 convertibles of greatest institutional importance. Weighted by issue size, it measures the performance of its components against that of their underlying common stock and against other broad market indexs as well. Convertible securityConvertible securityA security that can be converted into common stock at the option of the securityholder; includes convertible bonds and convertible preferred stock. Further SuggestionsZero coupon convertible securityCash plus convertible convertible bond Mandatory convertibles Convertible Arbitrage Convertible bond Convertible price convertible term insurance convertible |
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