Examlex
Third party billing refers to the payment of many health care bills by insurance companies rather than by patients.
Payoff
The return or outcome received from an investment or action.
Convertible Bond
A type of bond that can be converted into a predetermined number of the issuing company's shares at certain times during its life, usually at the discretion of the bondholder.
Conversion Value
The value of a convertible security if it is converted into the underlying stock.
Straight Debt
Traditional corporate bonds that have a fixed interest rate and mature on a specific date, without any conversion or exchange rights into other forms of securities.
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