convertible bond

1. 1.

   a bond that can be converted to other securities under certain conditions

   Broaderbond

Questions about convertible bond

What does convertible bond mean?

convertible bond means "a bond that can be converted to other securities under certain conditions".

Is convertible bond a common word?

convertible bond is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.