Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

convertible debenture

Read a random definition: habit evidence

A quick definition of convertible debenture:

A convertible debenture is a type of loan that can be changed or converted into something else, like stocks. It is a type of bond that is not secured by any specific asset, but rather by the reputation and credit of the company that issued it. It is a way for companies to borrow money from investors and offer them the option to convert their loan into stocks in the future.

A more thorough explanation:

A convertible debenture is a type of debt security that can be converted into another security, such as stock. It is a type of debenture, which is a debt instrument that is not secured by a specific asset, but rather by the issuer's earning power.

For example, if a company issues a convertible debenture with a face value of $1,000 and a conversion ratio of 10:1, the holder of the debenture can convert it into 10 shares of the company's stock. This allows the holder to potentially benefit from any increase in the company's stock price.

Other types of debentures include:

Overall, a convertible debenture provides flexibility for both the issuer and the holder, as it allows the holder to potentially benefit from the company's growth while also providing the issuer with a source of financing.

convertible collision insurance | convertible debt

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
JumpySubsequentDolphin
11:17
@Dkk: i think a law student was pregnant and due to give birth a few days before finals and they refused to accomodate her
JumpySubsequentDolphin
11:17
accommodate*
11:17
@Mostlylegal: yeah and i was thinking fuck it just go party for three years but i got other options and need to start building, top law schools were worth that 3 year pause but i am not sure i can do that for asu and their outcomes
11:19
Also I just got diagnosed with ADHD is it stupid if I dont take the test again now that Im medicated?
Dkk
11:19
She offered to take it early? Should have given her that one. Remote I can understand saying no to but taking it early, yes.
babycat
11:20
big things coming for babycat. I own a resistance band now
concorde
11:20
@renard99: jones needs to take this advice and fight aspinall
11:21
is that what they are calling punk rock bands these days?
BulbasaurNoLikeCardio
11:21
@babycat: did you get a booboo or just trying to do more workouts at home?
11:21
@Mostlylegal: I jumped six points after beginning adhd meds. Might be worth it
Dkk
11:22
Just an hour and 38 minutes left before I can ask Kayle in LSAT Demon to marry me. I take these AMA's seriously.
11:22
@concorde: “I will retire Jon Jones without even fighting him” hardest thing anyone in the UFC ever said
m10
11:23
i spelled her fucking name wrong lmfao, Kaley. Lmfao.
BulbasaurNoLikeCardio
11:24
It was years ago but it was a lower card fight, dude didn't speak good english and they tried asking him his plan, he was like "punch him" they tried to get more info pushing it again and he said "punch him hard" and pointed at his forehead.... I don't remember the results of the fight but dude had a solid plan.
babycat
11:24
@BulbasaurNoLikeCardio: no booboo I’m just trying to increase flexibility a little. I feel like if u develop too much muscle on ur legs and don’t stretch they get tight
JumpySubsequentDolphin
11:26
my hips are so tight its acc miserable
BulbasaurNoLikeCardio
11:26
@babycat: got to keep those legs flexible so you don't pull anything, I need to get back into yoga to release and stretch out tension in my muscles. Stretching is where I fail the most with fitness
11:26
This song came out today and I think I legit have listened to it like 50
11:26
Times already
1a2b3c4d26z
11:26
Need to stretch more
1a2b3c4d26z
11:27
Run this morning felt like legs were made of goop
glovediedthisishismom
11:27
a secret home remedy for chapped lips is to lick them. your saliva will moisten the lips and relieve the chapping
1a2b3c4d26z
11:27
Sometimes I think I write like rorschach from watchmen
11:28
@glovediedthisishismom: just bite your lip,. gives good brain feel when peelin the dry skin
babycat
11:28
yeah it’s insane how much better hip flexor stretches can make you feel sometimes
11:28
Probably the most important long term mobility thing you can do
1a2b3c4d26z
11:28
Pigeon stretch GOAT
LSD+ is ad-free, with DMs, discounts, case briefs & more.