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Authorized Shares

The maximum number of shares of stock (collectively known as capital stock), both preferred and common, that a company is…

Conversion Price

The price per share basis which is used to calculate the number of shares of common stock the holder of…

Common Stock

A security that represents an ownership interest in a publicly-held company whereby a stockholder is eligible to participate in profit…

Subordinated Convertible Debenture

A type of convertible debt in which the right to receive principal and/or interest is convertible at the discretion of…

Authorized Stock

The maximum number of shares of stock (collectively known as capital stock), both preferred and common, that a company is…

Authorized Capital Stock

The maximum number of shares of stock (collectively known as capital stock), both preferred and common, that a company is…

ELK

An abbreviation for equity-linked security; an equity-linked debt issue whose returns are keyed to the performance of a common stock…

Convertible Hedge

An arbitrage strategy that is based on buying a convertible security (like convertible bonds) and simultaneously selling short the issuing…

Convertible Preferred Stock

A preferred stock that allows the holder to convert into common stock. It gives the holder a preference in the…

Callable Nonconvertible Preferred Stock

A callable preferred stock that which doesn’t allow the investor (holder) to convert into common stock. However, the issuer has…