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Why do some voters choose to be rationally ignorant?
Convertible Bonds
Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during its life, usually at the discretion of the bondholder.
Carrying Value
The book value of an asset or liability on a company's balance sheet, calculated as the original cost minus accumulated depreciation or amortization.
Common Stock
Represents a type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.
Long-Term Notes Payable
A debt obligation with a maturity of more than one year, often used for financing assets or other long-term investments.
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