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Exchangeable |
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Exchangeable Applies mainly to convertible securities. Means the issuer, if so stated, may substitute a convertible debenture for an existing convertible preferred with identical terms. Most often used when a corporation has an immediate need for equity capital and a low tax rate, and expects either or both conditions to change. This would make the debenture less attractive if the interest tax-deductibility is lost. |
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 Exchange Traded Funds Exchange, The exchange-traded fund (ETF) Exchange-Traded Fund - ETF Exchange-Traded Option exchange-traded security  Exchangeableexchangeable bond Exchangeable Debt Exchangeable instrument Exchangeable Security excise tax Exclusion Ratio Exclusionary self-tender  |
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