An instrument (part debt and part equity) that gives the holder the right, but not the obligation, to exchange his…

A provision in a company’s prospectus that spells out the number of common shares a holder of convertible securities will…

The price per share basis which is used to calculate the number of shares of common stock the holder of…

An abbreviation for liquid yield option note; a form of zero-coupon convertible bond (convertible zero-coupon bond) that was introduced by Merrill…

An option (latent option) that gives the issuer of a convertible bond or convertible preferred stock the right to redeem…

With respect to convertible bonds (and also convertible preferred stocks), it is the number of shares of common stock in...

The price of the underlying of a warrant divided by the price of the warrant. More specifically, it is the...

The market value of the shares of common stock into which a convertible can be exchanged. This value is equal...

The face value of a convertible, i.e., the value that a holder redeems at maturity. The market price of a...