Examlex
What is the role of money in determining how happy a person will be?
Convertible Bonds
Bonds that can be converted into a predetermined amount of the issuing company's equity at certain times during the bond's life, usually at the discretion of the bondholder.
Fair Market Values
The price at which an asset would change hands between willing and informed buyers and sellers in an arm's length transaction.
Conversion Terms
Conditions that specify the circumstances under which a financial instrument may be converted into another, typically from debt to equity.
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