Examlex
Describe how data is represented in computers.
Credit Ratings
An assessment of the creditworthiness of a borrower in general terms or with respect to a particular debt or financial obligation.
Nonconvertible Bonds
Bonds that cannot be converted into the issuing company's stock and must be repaid in cash at maturity.
Warrants
Derivative securities that provide the right, but not the obligation, to buy shares of a company at a specified price before the warrant expires.
Convertible Securities
Convertible securities are financial instruments, like bonds or preferred shares, that can be converted into a predetermined number of common stock or equity shares.
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