The amount of time it takes for the positive yield advantage to recover the premium paid for the downside protection,...

For a convertible bond, it is the excess of running (current) yield over equity dividend yield: Convertible yield advantage =...

It stands for yield enhanced stock; a type of equity derivative; by definition, it is a type of convertible preferred...

A type of equity derivative; by definition, it is a type of convertible preferred that has a preset cap on...