convertible debenture

noun

1. a convertible bond that is not secured with collateral.

Example Sentences

"So we came out with the convertible debenture deal that we saw as more appropriate."

From Reuters

Magma, for which Raymond James is the financial adviser, will provide short-term financial support to Plutonic by subscribing to a $10 million convertible debenture issue.

From Reuters

His "ideal" investment is the convertible debenture, a bond that the owner can convert into stock and which, at its best, combines high yield with growth.

From Time Magazine Archive

Dow's fresh money was the biggest single public financing ever done by a U.S. chemical company, a 3% convertible debenture issue that investors snapped up the minute it came to market.

From Time Magazine Archive