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LSDefine

Simple English definitions for legal terms

convertible security

Read a random definition: personal representative

A quick definition of convertible security:

A convertible security is a type of investment that can be converted into another type of investment, such as a stock or bond. It is like a special type of IOU that can be changed into something else. This type of investment is different from things like gold or oil, which have value in themselves. The value of a convertible security depends on the value of the thing it can be converted into, like a stock or bond.

A more thorough explanation:

A convertible security is a type of investment that can be converted into another type of investment. It is a security that can be changed into a different security, usually a stock or a bond.

For example, a company may issue convertible bonds that can be converted into shares of the company's stock. This means that the investor can choose to keep the bond and receive interest payments, or convert it into stock and potentially benefit from the company's growth.

Another example is a convertible preferred stock, which can be converted into common stock. This allows the investor to benefit from any increase in the company's stock price.

Convertible securities are popular because they offer flexibility and potential for higher returns. However, they also carry more risk than traditional securities because their value depends on the performance of the underlying asset.

convertible insurance | convertible stock

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18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
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