Examlex
Alcohol is a factor in more crimes than any other single drug,and there are more arrests for alcohol-related offenses than for all other drug offenses.
Conversion Price
The price at which convertible securities, like convertible bonds or preferred stock, can be converted into a predetermined number of common shares.
Callable
A feature of certain financial instruments that allows the issuer to redeem or 'call back' the instrument at a predetermined price before its maturity date, typically applied to bonds.
European
Pertains to financial options or derivatives that can only be exercised at expiration, not before.
Expiration Date
The date on which an options or futures contract is no longer valid and the right to exercise it ceases.
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