Examlex
In the 1960s,the deutsche mark was overvalued,creating a chronic surplus of deutsche marks in world currency markets.
Convertible
Refers to financial instruments or securities, like bonds or preferred stock, that can be transformed into another form, usually common stock, under certain conditions.
Dilutive Security
A financial instrument, like an option or convertible bond, that may reduce earnings per share by increasing the total number of shares outstanding.
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