# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Convertibles

Corporate securities, usually preferred shares or bonds, that can be converted (exchanged) for a set number of other securities — usually common shares — at a given price.

Convertibles are usually considered "sweeteners" to enhance the marketability of securities. Convertibles offer higher income than what is available from common stock, as well as greater potential gains than regular bonds.

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