Short term bond that can be changed into stock. Convertible subordinate notes are subordinate to other debts. In the event of bankruptcy or liquidation, other debt securities rank higher than the convertible subordinate note and must be paid first.

Related information about convertible subordinate note:

1. Convertible Subordinate Note Definition | Investopedia
   A short-term debt security (note), that can be changed into common stock ( convertible) and ranks below other loans (subordinate).
    
2. Convertible Subordinate Note financial definition of Convertible ...
   A short-term, convertible bond that, in the event of the issuer's liquidation, has lower priority with respect to other debt. That is, a convertible subordinate note is a ...
    
3. Convertible Shares - Financial Dictionary - The Free Dictionary
   Convertible Hedge · Convertible Preferred Stock · Convertible Price · Convertible Security. Convertible Shares. Convertible Subordinate Note · Convertible Term ...
    
4. Convertible Floating-Rate note financial definition of Convertible ...
   Convertible Floating-Rate note. Convertible Hedge · Convertible Preferred Stock · Convertible Price · Convertible Security · Convertible Subordinate Note ...
    
5. What is convertible subordinate note? definition and meaning
   Definition of convertible subordinate note: Short term bond that can be changed into stock. Convertible subordinate notes are subordinate to other debts.
    
6. Convertible Subordinate Note: Definition from Answers.com
   Convertible Subordinate Note A short-term debt security (note), that can be changed into common stock (convertible) and ranks below other loans ( subordinate).
    
7. Silver Lake Partners to Invest in Gartner Through a $300 Million ...
   ... Partners has agreed to purchase, subject to customary closing conditions, a $300 million five-year convertible subordinate note with a coupon of 6.00 percent .
    
8. Definition of Convertible Notes | eHow.com
   Financial Dictionary: Convertible Subordinate Note · Investor Words: Convertible bond · Australia and New Zealand Banking Group: Convertible note ...