Convertible bond
id:
convertible-bond-169-18289484
title:
Convertible bond
text:
In finance, a convertible bond, convertible note, or convertible debt is a type of bond that the holder can convert into a specified number of shares of common stock in the issuing company or cash of equal value. It is a hybrid security with debt- and equity-like features. It originated in the mid-19th century, and was used by early speculators such as Jacob Little and Daniel Drew to counter market cornering. Convertible bonds are most often issued by companies with a low credit rating and high
brand slug:
wiki
category slug:
encyclopedia
description:
Type of bond
original url:
https://en.wikipedia.org/wiki/Convertible_bond
date created:
2003-10-16T08:05:30Z
date modified:
2024-08-31T17:53:38Z
main entity:
{"identifier":"Q1056625","url":"https://www.wikidata.org/entity/Q1056625"}
image:
fields total:
13
integrity:
15