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Conversion feature

• An option that is included as part of a long-term debt or a preferred share issue that allows its holder to change the security into a stated number of common shares.

 
 Embedded terms in definition
 Change
Common shares
Debt
Issue
Its
Option
Security
Shares
Share
 
 Related Terms
 

<< Conversion factor Conversion or stock value >>

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Beware of small expenses; a small leak will sink a great ship. - Benjamin Franklin (1706-1790)

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