CONVERSION PARITY/VALUE


Meaning of CONVERSION PARITY/VALUE in English

Mainly applies to convertible securities. Common stock price at which a convertible bond can become exchangeable for common shares of equal value; value of a convertible bond based solely on the market value of the underlying equity . Par value + conversion ratio . See bond value , investment value , parity .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.