Debenture which can be converted into stock at the option of the holder and/or the issuer at a specified date in the future. Because the buyer has the ability to convert the debenture into stock under certain circumstances, the seller is able to borrow at a lower cost than if the convertibility feature was not present.
Related information about convertible debenture:
- Convertible Debenture Definition | Investopedia
A type of loan issued by a company that can be converted into stock by the holder and, under certain circumstances, the issuer of the bond. By adding the ...
- Convertible bond - Wikipedia, the free encyclopedia
In finance, a convertible note (a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into shares of ...
- Debenture - Wikipedia, the free encyclopedia
A debenture is a document that either creates a debt or acknowledges it, and it is a debt without collateral. In corporate finance, the term is used for a medium- to ...
- What is convertible debenture? definition and meaning
Definition of convertible debenture: Debenture which can be converted into stock at the option of the holder and/or the issuer at a specified date in the future.
- Debenture Loan - Convertible Debentures - Business Finance
Convertible debenture is a debt instrument that can be converted into stock at the option of the holder or the issuer. Instead of receiving payment, the buyer of the ...
- PATHFINDER Convertible Debenture Fund
The PATHFINDER Convertible Debenture Fund has a significant weighting in convertible debentures issued by Canadian issuers. However, to provide further ...
- First Asset Canadian Convertible Debenture Fund | Overview | First ...
Investment Objective. The Fund has been created to invest in a portfolio (the " Portfolio") comprised primarily of Convertible Debentures of Canadian issuers.
- First Asset Canadian Energy Convertible Debenture Fund ...
The Manager intends to assess the relative attractiveness of a convertible debenture factoring in elements including, but not limited to, the stability of historical ...