Examlex
A hypotonic solution has a lower concentration of solutes and a higher concentration of water than a hypertonic solution.
Conversion Ratio
The conversion ratio is the number of shares an investor receives when converting a convertible security, such as a convertible bond or preferred stock, into common stock.
Bond Indenture
A legal contract detailing the terms and conditions under which a bond is issued, including the obligations of the issuer and the rights of the bondholders.
Sinking Fund
A sinking fund is a method by which a company sets aside money over time to retire its preferred stock, bonds, or debentures before or at maturity, to ensure investment security for bondholders.
Callable Feature
A provision on a bond that allows the issuer to repurchase and retire its bonds before they mature.
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