hybrid security

A security with features of both a debt instrument (such as a bond) and an equity interest (such as a share of stock).

• An example of a hybrid security is a convertible bond, which can be exchanged for shares in the issuing corporation and is subject to stock-price fluctuations.

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法律翻译Daniel，毕业于英国一流的翻译学院，专注翻译各类与海商海事有关的法律文件。