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

译者Jerry，毕业于亚洲顶尖的高级翻译学院，擅长翻译各种与政府调查与白领犯罪相关的法律文件。