Meaning BUSTED CONVERTIBLE: Related: Fixed income equivalent. Mainly applies to convertible securities. Convertible bond selling essentially as a straight bond. Assuming the issuer is "money good," or will continue to meet credit obligations, such issues can be highly attractive since the price makes virtually no allowance for the bond's call on the common stock, although such issues usually carry high premiums
More terms such as Busted convertible in Dictionary B.
- Definition Back-Testing:
- Examples Creating a hypothetical portfolio performance history by applying current asset selection criteria to prior time periods busted convertible definition.
- Definition Base Period:
- Examples A particular period of time used for comparative purposes when measuring economic data busted convertible explain.
- Definition Bond Crowd:
- Examples Members of the stock exchange who transact bond orders on the floor of the exchange busted convertible what is.
- Definition Bank Investment Contract (BIC):
- Examples Interest guaranteed by the bank in a portfolio over a specific time frame with a specific yield busted convertible meaning.
- Definition Brussels Stock Exchange (BSE):
- Examples Stock exchange that handles the majority of securities transactions in Belgium busted convertible abbreviation.
