Examlex
When interest is charged on a deficiency, any part of a month counts as a full month.
Current Price
The market value of a stock, bond, or commodity at which it can be bought or sold at a particular time.
Conversion Ratio
The number of shares an investor gets for converting a convertible security into common stock.
Conversion Premium
The additional cost over the current market value to convert a convertible security into the underlying stock.
Issuance
The process of offering new securities for sale to the public or private investors by a company or government entity.
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