Convertible price The contractually specified price per share at which a convertible security can be converted into shares of common stock. ...
Discount Convertible: Difference between gross parity and a given convertible price. Most often invoked when a redemption is expected before the next coupon payment, making it liable for accrued interest. Antithesis of premium.
Statistical measure of the degree to which the movements of two variables (stock/option/convertible prices or returns) are related. See: Correlation coefficient. [ Previous Page ] Personal Finance Glossary ...
Applies to derivative products. Statistical measure of the degree to which the movements of two variables (stock/option/convertible prices or returns) are related. See: Correlation coefficient.
Refers to the percentage above parity at which the convertible security is trading. Conversion Premium is calculated as follows: (Convertible Price - Conversion Value) divided by Conversion Value Conversion Ratio ...
Convertible Debenture Convertible debt Convertible eurobond Convertible exchangeable preferred stock Convertible Preferred Stock Convertible price Convertible security Convertible Subordinate Note Convertibles ...
Busted Convertible Security - A convertible security that is trading well below its conversion value. The result is that the security is valued as regular debt because there is very little chance that it will ever reach the convertible price ...
See also: Call price, Conversion ratio, Spot price, Exercise price, Convertible security
 
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