Examlex
What are the ISO 9000 and ISO 14000 standards? Why are they important?
Straight Bond Value
The value of a bond that pays a fixed interest rate (coupon rate) and does not have any embedded options such as convertibility or callability.
Convertible Bond
A bond that offers the option to be exchanged for a specific quantity of the issuing company's stock at chosen intervals throughout its tenure, generally at the choice of the person holding the bond.
Call Option
A financial contract giving the buyer the right, but not the obligation, to buy an asset at a specified price within a certain period.
Common Stock
Equity ownership in a corporation, giving holders voting rights and a residual claim on corporate earnings via dividends.
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