Business and Personal Finance Dictionary

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• CONVERTIBILITY CLAUSE - A provision in some adjustable-rate mortgages (ARMs) that allows the borrower t...
  
  
• CONVERTIBLE - Is a security which can be exercised into another security. Examples of convertibles are ...
  
  
• CONVERTIBLE 100 - Goldman Sachs index of the 100 convertibles of greatest institutional importance. Wei...
  
  
• CONVERTIBLE ADJUSTABLE PREFERRED STOCK (CAPS) - The interest rate on caps is adjustable and is pegged t...
  
  
• CONVERTIBLE ARBITRAGE - A practice, usually of buying a convertible bond and shorting a percentage of t...
  
  
• CONVERTIBLE ARM - An ARM for which the borrower has the option to convert from a floating-rate loan to ...
  
  
• CONVERTIBLE BOND - Convertible bonds are corporate bonds that you can convert into common stock of the ...
  
  
• CONVERTIBLE CAB - A convertible capital appreciation bond is a bond which compounds interest (as a CAB ...
  
  
• CONVERTIBLE CURRENCY - is any national currency that can be easily exchanged for that of another countr...
  
  
• CONVERTIBLE DEBENTURE - Corporate securities (preferred shares or bonds) that are exchangeable for a se...