Definitions for "convertible debt"
Debt where the lender has the option to convert the debt into ordinary shares in the company rather than receiving repayment in cash.
A debt obligation of a company which is convertibl... Add a comment
A debt that can convert into another issue, usually common stock.
A mortgage position that gives the lender the option to convert to a partial or full ownership position in a property within a specified time period
Security which can be exchanged for a specified amount of another, related security,...