Straight value

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Straight value

Also called investment value, the value of a convertible security without the conversion option.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Straight Value

In convertible security, the value of the security itself (usually a bond or preferred stock) without considering the fact that it may be converted to common stock. That is, the straight value is the value of a convertible bond less the value of the conversion option. It is also called the bond value or the investment value.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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The first is that the support of gay marriage represents a kind of assimilation to straight values and ideals.