convertible security convertible security definition by American Heritage Dictionary
A security that, at the holder's option, may be exchanged for another asset, typically a fixed number of shares of common stock.
The American Heritage® Dictionary of the English Language, 4th edition Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
convertible security definition by Wiktionary Noun
plural convertible securities) (finance) A security that can be converted into another security. English Wiktionary. Available under CC-BY-SA license. convertible security - Investment & Finance Definition
A bond, preferred stock, or warrant that is
convertible to the issuer’s common stock or some other security under certain
circumstances. The conversion may come with a payment of cash or usable
Webster\'s New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana. Used by arrangement with John Wiley & Sons, Inc. convertible security - Legal Definition