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IRB Stands for Interactive Ruby and Is Used to Interactively

question 43

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IRB stands for Interactive Ruby and is used to interactively submit Ruby statements for immediate processing.


Definitions:

Convertible Bond

A bond that can be converted into a specified number of shares of stock at the owner’s discretion.

Conversion Price

The predetermined price at which convertible securities can be converted into common stock.

Conversion Ratio

A ratio set at the time bonds are issued; determines the number of shares that can be exchanged for a bond.

Bond Rating

An evaluation made by credit rating agencies regarding the credit worthiness of a corporation's or government's debt issues, reflecting the likelihood of default.

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