Examlex
"Glocalization" is the idea of adapting to local conditions and tastes.
Conversion Premium
The additional amount an investor pays over the current market price of a convertible security compared to the conversion value of the stock.
Convertible Bond
A bond which allows conversion into a specified amount of the issuing company's stock, often at the choice of the holder.
Conversion Ratio
The specific quantity of shares an investor can receive for each convertible security if they choose to convert it into equity.
Pay-in-Kind Bond
A bond that pays interest in the form of additional bonds or securities instead of cash, often used by companies seeking to preserve cash flow.
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