Convertible debt

Convertible debt,

Definition of Convertible debt:

  1. Corporate bond or debenture that may be exchanged for the common stock in a certain proportion, within or after a specified period.

How to use Convertible debt in a sentence?

  1. If we had some convertible debt , we had to take care of it now, so we would not have any more problems.
  2. You may try and figure out if you have any convertible debt that you can make a deal with to help in some way.
  3. For some companies, especially those that are growing at a fast pace, offering convertible debt for start-up funds is a great option.

Meaning of Convertible debt & Convertible debt Definition