HomeDefinitionsCompareDebt Convertible securityThe financial definition for Convertible security:A security that can be converted into common stock at the option of the securityholder; includes convertible bonds and convertible preferred stock. Similar MatchesCash plus convertibleCash plus convertibleConvertible bond that requires cash payment upon conversion. Convertible 100Convertible 100Goldman 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 common stock and against other broad market indexs as well. Convertible ArbitrageConvertible ArbitrageIn the context of hedge funds, a style of management that involves the simultaneous purchase of a convertible bond and the short sale of shares of the underlying stock. Interest rate risk may or may not be hedged. Further SuggestionsConvertible bondConvertible eurobond Convertible preferred stock Convertible price High premium convertible debenture Mandatory convertibles Zero coupon convertible security Click to compare definitions of Convertible security Click to view definitions beginning co |