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Convertible |
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Convertible A financial instrument that can be exchanged for another security or equity interest at a pre-agreed time and exchange ratio.
Convertible A bond or preferred stock that may, under specified conditions, be exchanged for common stock or another security, usually of the same corporation. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Walking me through the Petersen exhibit, Zausner points out one of his favorites: ``The Indianapolis,'' an ultrasleek, cherry-colored convertable, with reflective chrome bumpers and soft-skin leather seats, designed by premiere Spindizzy architect Barney Korn. During the first quarter of 2005, 316,251 Exchangeable Shares were converted into 400,000 Trust units and 17,747 were redeemed for cash leaving 422,650 Exchangeable Shares outstanding at March 31, 2005 which are convertable into 539,147 Trust units. In millions) 2005 2006 2007 2008 2009 2010 Mandatorily redeemable convertable preferred stock $99. |
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