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Today, people in the United States are more accepting of divorce that they were a century ago.
Market Conversion Value
The value of a convertible security if it is converted into a different form, usually stock, at its current market price.
Conversion Ratio
The number of common shares received upon the conversion of a convertible security, such as a convertible bond or preferred stock.
Current Market
The existing conditions within a marketplace at a particular time, including trends, prices, and available inventory.
SIVs
Structured Investment Vehicles, which are investment funds that manage a portfolio of income-generating assets by borrowing in short-term markets to invest in long-term securities.
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