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High premium convertible debenture |
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High 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.High premium convertible debenture Similar MatchesConvertible term insuranceConvertible term insuranceTerm life insurance which can be converted into cash value insurance. In the UK the equivalent (convertible term assurance) is conversion of term assurance into endowment assurance. Convertible priceConvertible priceThe contractually specified price per share at which a convertible security can be converted into shares of common stock. Zero coupon convertible securityZero coupon convertible securityA zero-coupon bond convertible into the common stock of the issuing company after the stock reaches a certain price, using a put option inherent in the security. Also refers to zero-coupon bonds, which are convertible into an interest bearing bond at a certain time before maturity. Convertible bondConvertible bondA bond that can be converted into shares of the issuing company or its parent. 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. Further SuggestionsConvertible eurobondConvertible security Convertible preferred stock Mandatory convertibles Convertible Arbitrage Convertible currency Convertible bond convertible Cash plus convertible |
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