Foreign Currency Convertible Bond (FCCB),
What is The Definition of Foreign Currency Convertible Bond (FCCB)?
A convertible foreign currency bond (FCCB) is a type of exchange bond issued in a currency other than the issuer's local currency. That is, the amount deposited by the issuer is in foreign currency. Convertible bonds are a combination of debt instruments and equity instruments. It acts like a bond in which it makes regular coupons and basic payments, but it also gives the holder the option to convert the bond into stock.
- Foreign Currency Exchange Bonds (FCCBs) are bonds issued in a currency other than the issuer's local currency.
- Convertible bonds are found between debt and equity instruments that act like bonds but allow investors to convert bonds into stocks.
- These types of bonds are often listed in large multinational companies with offices around the world looking for foreign currency.
Literal Meanings of Foreign Currency Convertible Bond (FCCB)
Meanings of Foreign:
From a country or a language other than your own, from, or their feature.
Sentences of Foreign
I think it's very strange for you
Synonyms of Foreign
external, outlandish, remote, odd, far flung, exotic, unfamiliar, funny, curious, alien, peculiar, bizarre, far off, strange, weird, unknown, overseas, unheard of, distant, queer
Meanings of Currency:
The currency system is usually used in a given country.
Generally accepted or used fact or standard.
Sentences of Currency
The deadline was extended to the second half of the 20th century
Synonyms of Currency
cash, circulation, dissemination, paper money, money, publicity, medium of exchange, prevalence, banknotes, exposure, notes, coins, coinage, legal tender
Meanings of Convertible:
The form, function or role can be changed.
Sentences of Convertible
Brandon caught her in a cherry red convertible.
Investing in conversions can earn more than investing in stocks
Living room that magically turns into a bedroom
Synonyms of Convertible
changeable, ragtop, able to be changed, soft-top, exchangeable, targa
Meanings of Bond:
To be attached or firmly attached to something else, especially by glue, heat or pressure.
Connected by chemical bonds.
Lay bricks in an overlapping pattern to create a solid structure.
(Taxable goods) Customs.
Relationships between people or groups based on shared feelings, interests or experiences.
The adhesive, heat or pressure also connects the two surfaces or objects together.
According to the power of law.
The pattern in which the bricks are placed to ensure the strength of the resulting structure.
Summary for Bond Paper
Sentences of Bond
Press the ingredients to join the layers
Neutral molecules attached to the central atom
The sprawling castle was in the shape of a drum, made of stone, built into it with horizontally connected layers of red tiles.
Assets may need to be sold or consolidated to provide liquidity to pay this tax.
There is a relationship of understanding between them
There is no effective link between concrete and steel.
Marriage may be obsolete as a legal bond, but I doubt it.
Synonyms of Bond
assurance, attach, avowal, secure, word of honour, fuse, coalition, solemn word, affix, join, gum, fellowship, oath, affiliation, bind, paste, association, fix, partnership, promise, guarantee, solder, friendship, stick, word, connect, glue