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Convertibles
(redirected from Convertable)

   Also found in: Wikipedia 0.06 sec.
Convertibles
Securities, usually bonds or preferred shares, that can be converted into common stock.

Notes:
Convertibles are ideal for investors demanding greater potential for appreciation than bonds give and higher income than common stocks offer.


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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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