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LSDefine

Simple English definitions for legal terms

convertible debt

Read a random definition: declaration of estimated tax

A quick definition of convertible debt:

Convertible debt is a type of loan that can be converted into stock in the company that issued the loan. It is a way for companies to raise money without giving up ownership or control. A security is something that shows ownership or a creditor relationship with a company or government. It can be a stock, bond, or other type of investment. Securities have value based on the financial condition and prospects of the company or government that issued them, and their market price depends on how much people are willing to pay for them.

A more thorough explanation:

Convertible debt is a type of debt that can be converted into equity (ownership in a company) at a later time. It is a financial instrument that combines features of both debt and equity.

For example, let's say a company needs to raise money to fund its operations. Instead of issuing traditional bonds, it decides to issue convertible debt. Investors who buy this debt can choose to convert it into shares of the company's stock at a later time, usually at a discounted price.

This can be attractive to investors because if the company does well, the value of the stock will increase, and they can make a profit by converting their debt into equity. On the other hand, if the company does poorly, they can still get their money back as debt holders.

Overall, convertible debt is a way for companies to raise money while giving investors the potential for upside if the company performs well.

convertible debenture | convertible divorce

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i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
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