Convertible Debt

Convertible Debt - the term convertible debt basically, means securities that can be converted to other specified amounts of another security at the option of the holder and issuer, either single or both... Debentures or corporate bonds are traded for commodities stock within a specific period. A debenture is a claim, lien or charge, on asset or property, usually as a result of a loan. Convertible debt is a form of debt financing that has a feature to convert debt into equity usually at the option of the investor in the event of a default on the repayment of a loan or the terms of the loan are not lived up too.