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Glad to educate the investing public A convertible

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BigBadWolf Member Level  Monday, 05/17/21 11:37:23 AM
Re: BigBadWolf post# 859
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Glad to educate the investing public
Quote:
A convertible debenture is a type of long-term debt issued by a company that can be converted into shares of equity stock after a specified period. Convertible debentures are usually unsecured bonds or loans, often with no underlying collateral backing up the debt.




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