convertible


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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 ?
The Convertible Notes are convertible at any time by the holders thereof into shares of Amkor's common stock at an initial conversion rate of 68.
Patent and Trademark Office or challenge by third parties; the possibility all or some of the holders of the convertible secured notes issued by the Company may take action to collect the amounts outstanding under these notes; the result of ongoing litigation; and unanticipated costs and expenses affecting the Company's cash position.
Polk said improving consumer sentiment and several new convertible offerings should cause registrations to rise this year.
GM didn't consider it a risk when it decided on the convertible approach because the stock market had rebounded.
Holders of a contingent convertible debt instrument, however, must accrue OID into income at the higher yield without receiving cash payments, regardless of their accounting method.
In any company's capital structure, convertible securities and their debt obligations hold a position senior to that of common stock.
Convertible bonds are something of a hybrid investment, combining the steady yield of bonds and the capital appreciation possibilities of stocks.
Here we address certain earnings-per-share questions related to convertible preferred stock held by an ESOP.
Apollo Gold will have the option to force conversion of the convertible debentures under the following circumstances: (1) at any time after September 24, 2007 and prior to the maturity date if the 20-day weighted average trading price of Apollo Gold's common shares equals or exceeds U.
A number of high-tech and biotech companies, such as CuraGen, were rushing to the convertible market at the time, but those who were late getting their act together missed the boat.
Many issuers, especially new companies with unseasoned securities, are adding the convertible option to preferred stocks or bonds to make them more attractive to buyers.
In connection with the offering of the notes, the Company also expects to enter into convertible note hedge transactions with certain dealers.