Convertible Bond
A convertible bond pays debt-like cash flows while giving holders the option to convert into the issuer's equity.
Convertible bond, convertible note, convertible security, and zero-coupon convertible terms.
Core convertible securities are bonds, notes, or hybrid securities that can convert into common equity or another linked claim.
Use this branch when the main question is the convertible wrapper before analyzing specialized conversion mechanics.
| Term | What it clarifies |
|---|---|
| Convertible Bond | A bond that can convert into equity under stated terms. |
| Convertible Note | A note with conversion features, often used in corporate or startup finance. |
| Convertible Security | A broader label for securities with conversion features. |
| Zero-Coupon Convertible | A convertible with no periodic coupon under the stated structure. |
Choose a subsection first. Deeper term pages live inside each subsection, which keeps large topic hubs readable.
A convertible bond pays debt-like cash flows while giving holders the option to convert into the issuer's equity.
A convertible note is debt that can convert into equity, often used in startup financing before a priced funding round.
A convertible security can be exchanged for another security, usually common stock, linking fixed-income protection with equity upside.
A zero-coupon convertible combines no periodic coupon payments with an embedded right to convert into equity.