Examlex
The term that best describes a tsunami is not "tidal wave" but ____________________.
Callable Feature
A provision on a bond that allows the issuer to repurchase and retire its bonds before they mature.
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.
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