Black market and Conversion ratio: Difference between pages

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A market where the trading transaction of goods or services is illegal.
''Convertible bonds''. 
The number of ordinary shares (or other securities) for which each convertible bond may be exchanged, at the bondholder's option.
For example, if each convertible bond may be exchanged for 40 ordinary shares, then the conversion ratio is 40.


== See also ==
* [[Convertible bonds]]


==See also==
* [[Grey market]]

Revision as of 14:19, 23 October 2012

Convertible bonds. The number of ordinary shares (or other securities) for which each convertible bond may be exchanged, at the bondholder's option. For example, if each convertible bond may be exchanged for 40 ordinary shares, then the conversion ratio is 40.

See also