forced conversion

The conversion of a convertible security, after a call for redemption, when the value of the security that it may be converted to is greater than the amount that will be received if the holder permits the security to be redeemed.

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词条贡献者

双语律师Jason，国内知名法学院民商法专业，擅长翻译有关体育博彩领域的法律文件。