What is a 'Convertible Debenture'? (Answer in one sentence)
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When the debenture holder are given the option to get a debenture converted into share within a given period .
When the debenture holder are given the option to get a debenture converted into share within a given period .
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=) 'Convertible debenture' is a debt security than can be converted into stock or equity shares .
A convertible debenture is a kind of advance issued by an organization that can be changed over into stock. Convertible debentures are not the same as convertible bonds since debentures are unbound; in case of insolvency, the debentures are paid after other settled pay holders.
Convertible debentures likewise enable financial specialists to partake in offer value gratefulness as debentures are changed over into offers.
=) 'Convertible debenture' is a debt security than can be converted into stock or equity shares .
A convertible debenture is a kind of advance issued by an organization that can be changed over into stock. Convertible debentures are not the same as convertible bonds since debentures are unbound; in case of insolvency, the debentures are paid after other settled pay holders.
Convertible debentures likewise enable financial specialists to partake in offer value gratefulness as debentures are changed over into offers.
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