The advantage gained by purchasing convertible securities instead of common stock, which equals the difference between the rates of return of the convertible security and the common shares.
Similar Matches
Absolute advantage
Absolute advantage A person, company or country has an absolute advantage if its output per unit of input of all goods and services produced is higher than that of another person, company or country.
Comparative advantage
Comparative advantage Theory suggesting that specialization by countries can increase worldwide production.
Distribution Cost Advantage
Distribution Cost Advantage A source of competitive advantage that depends on the efficient delivery of
a product or service to customers.