Related Words

Convert: To make a spare after a split leave; loosely, to make any spare.

Convertible Exchangeable Preferred Stock: A eurobond that can be converted into another asset, often through exercise of attached warrants.

Convertible Bonds: Bonds that can be traded for, or converted to, other securities after a specified period of time.

Convertible Adjustable Preferred Stock (Caps): Goldman Sachs index of the 100 convertibles of greatest institutional importance. Weighted by issue size, it measures the performance of its components against that of their underlying commo . . . View Full Definition

Upconvert: The term used to describe the conversion of a lower apparent resolution to a higher number, such as 'up-converting' 720p to 1080i. This is a misnomer, though, since to accomplish this, the h . . . View Full Definition

Convertible Preferred Stock: Convertible preferred stock that may be exchanged, at the issuer's option, into convertible bonds that have the same conversion features as the convertible preferred stock.

Downconverting: Process by which a high-definition signal is converted to a standard definition picture.

Convertible Security: The contractually specified price per share at which a convertible security can be converted into shares of common stock.

Convertible Price: Preferred stock that can be converted into common stock at the option of the holder. See also: participating convertible preferred stock.

Convertibility: The value of a convertible security if it is converted immediately. Also called parity value.