Filter by Categories
Accounting
Banking

Busted Convertible Bond

A convertible bond (CB) whose value is pulled down by a declining stock (its potential equity participation). In other words, the…

OTM Convertible

An out-of-the-money convertible; a convertible whose underlying share price is below the conversion price. As share prices fall, the convertible's...

Out-of-The-Money Convertible

A convertible whose underlying share price is below the conversion price. As share prices fall, the convertible's price becomes less...