busted convertible

'busted convertible' can also refer to...


More Like This

Show all results sharing this subject:

  • Economics


Show Summary Details

Quick Reference

Market term for a convertible bond with negligible likelihood of being able to be converted into the equity of the issuer at a profit (cf. out of the money).

Subjects: Economics.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.