| a convertible bond that is not secured with collateral. |
Convertible Debenture
Any type of debenture that can be converted into some other security.
Investopedia Commentary
For example, a convertible bond can be converted into stock.
Related Links
Convertible Bonds: An Introduction
See also: Busted Convertible Bond, Convertible Bond, Convertible Preferred Stock, Convertibles, Debenture, Mandatory Convertible, Residual Security