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Definition of Convertible security
1. Noun. A corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock).
Definition of Convertible security
1. Noun. (finance) A security that can be converted into another security. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Convertible Security
Literary usage of Convertible security
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Elements of Economics by Henry Dunning Macleod (1881)
"A convertible security means any Property which can readily be sold. ...
Sometimes a Security for Money may be changed into a convertible security. ..."
2. The Theory and Practice of Banking by Henry Dunning Macleod (1892)
"A convertible security means any Property which can readily be sold. ...
Sometimes a Security for money may be changed into a convertible security. ..."
3. The Country Banker, His Clients, Cares, and Work, from an Experience of by George Rae (1886)
"Nevertheless, for the District Union, or any other Bank, to advance a third of
its capital on any one account, without immediately convertible security, ..."
4. The Principles of Economical Philosophy by Henry Dunning Macleod (1872)
"Sometimes a security for money may be changed into a convertible security.
This is done in what is technically called funding the unfunded debt. ..."
5. The Financial Policy of Corporations by Arthur Stone Dewing (1920)
"Yet with the few exceptions in which conversion is resorted to for the purpose
of avoiding local taxation,31 the convertible security is created in order to ..."
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