convertible


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Related to convertible: convertible bond, Convertible currency, Convertible debt, Convertible Securities, convertible tablet

convertible

a car with a folding or removable roof

convertible

A device that can be easily switched to another type. See convertible laptop.
References in periodicals archive ?
An issue of Convertible Preferred Equity allows potential investors to gain direct exposure to the Company whilst mitigating short-term risks.
Both the Saab 900S and 900 Turbo convertible models offer full four- passenger, leather-upholstered seating with heated front seats to defy Saab convertibles from being misunderstood as fun-in-the-sun cars only.
Prudential Financial anticipates that substantially all of those repurchases will be from the purchasers of the convertible notes.
The Company used the net proceeds from the issuance of the Convertible Notes to repay a portion of its existing floor plan borrowings under its Credit Facility, which may be re-borrowed.
Alleghany currently intends to use the net proceeds from the mandatory convertible preferred stock offering to make contributions to the capital and surplus of its insurance operating units, including contributions to benefit the commercial property operations of its subsidiary RSUI Group, Inc.
The Convertible Notes bear interest at the rate of 10% per annum, payable quarterly, and mature on February 1, 2008.
The Series B Convertible Preferred Shares will receive dividends at the rate of 10% per annum, payable quarterly, and be redeemed by the Company on February 1, 2008.
convertible registrations were 296,433 in 2003, down 2.
6 billion bond issue--including a $4 billion chunk of so-called contingent convertible bonds that will reinforce its pension plan--guys in the green eyeshades asked themselves: Is this a way to slay the pension monster?
2002-31, the IRS concluded that a convertible debt instrument issued with contingent interest that is neither "remote nor incidental" is subject to the Regs.
One example would be a convertible security, a fixed-income instrument with an equity component.