Examlex
True or false: The series converges.
Convertible Bonds
Bonds issued by a corporation that can be converted into a predetermined number of shares of the corporation's stock at the bondholder's option.
Call Provision
A feature in certain contracts allowing the issuer the right to redeem or pay off the contract before its maturity date, usually bonds.
Convertible Bonds
Convertible bonds are a type of bond that can be converted into a predetermined number of the issuer's equity shares at certain times during its life, usually at the discretion of the bondholder.
Credit Ratings
An assessment of the creditworthiness of a borrower in general terms or with respect to a particular debt or financial obligation.
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