convertible bond

A bond that can be exchanged for stock shares in the corporation that issued the bond. [Cases: Corporations 470. C.J.S. Corporations §§ 664–665.]

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词条贡献者

双语律师Pablo，国际知名法学院法律专业，擅长翻译涉及高端品牌及消费品领域的法律文件。