Examlex
What is a nkisi?
Conversion Premium
The additional amount that an investor pays over the current market price to convert a convertible security into a predetermined number of common shares.
Conversion Ratio
The specified number of shares that can be converted from a convertible security.
Current Market
The existing state of the market, including current prices, volumes, and trends, reflecting the most recent period of trading.
TIPS Bond
Treasury Inflation-Protected Securities (TIPS) are U.S. government bonds that are indexed to inflation in order to protect investors from the negative effects of rising prices.
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