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Bond Conversion
The process of converting a convertible bond into a specific number of shares of the issuer's common stock.
Conversion Privilege
A feature of certain securities that allows the holder to convert them into a different type of security, typically common stock, under specific conditions.
Bonds Payable
A long-term liability account on a company's balance sheet, representing bonds that the company is obligated to repay at a specified future date.
Additional Paid-in Capital
The amount of money investors pay for shares over the par value, reflecting the additional funds contributed by shareholders.
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