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exchangeable security

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Financial Dictionary

Exchangeable Security

A security that grants its holder the right to exchange it for the common stock of a firm other than the issuer.

Investopedia Commentary

These are often used in takeovers.

Related Links

Stock Basics Tutorial
The Wacky World of M&As

See also: Common Stock, Exchangeable Debt, Issuer, Takeover

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Security
Compare Local Security Services in Los Angeles on Superpages.com
www.Superpages.com
LA Best Security Services
One Stop Security Solutions Security guard services
www.labestsecurity.com
Search another word or see exchangeable security on Thesaurus | Reference
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Convertible Safety
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