follow Dictionary.com

It’s about time. We are now on Instagram!

convertible preferred stock

noun
1.
preferred stock that can be exchanged for a fixed number of shares of the common stock of the issuing company at the holder's option.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source

Word of the Day

Difficulty index for convertible preferred stock

Few English speakers likely know this word

Word Value for convertible

18
23
Scrabble Words With Friends