Difference between revisions of "Convertible bond"
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According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
:[[Convertible bond]]. Bondholders have the option of converting bonds into stock at a specified exchange rate. | :[[Convertible bond]]. Bondholders have the option of converting bonds into stock at a specified exchange rate. | ||
| + | :According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
| + | :[[Convertible bond]]. Security that is convertible into shares of common stock, at a fixed price, at the option of the bondholder. | ||
==Related concepts== | ==Related concepts== | ||
Revision as of 03:11, 30 October 2019
Convertible bond is bondholders have the option of converting bonds into stock at a specified exchange rate.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Convertible bond. Bondholders have the option of converting bonds into stock at a specified exchange rate.
- According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Convertible bond. Security that is convertible into shares of common stock, at a fixed price, at the option of the bondholder.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
