HIGH-PREMIUM CONVERTIBLE DEBENTURE


Meaning of HIGH-PREMIUM CONVERTIBLE DEBENTURE in English

A bond with a long-term, high- premium , common stock conversion feature. It also offers a competitive interest rate and this type of investment vehicle are aimed at bond investors who desire the ability to convert to stock to hedge against inflation.

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