Meaning of “convertible stock” in the English Dictionary

business-english dictionary

"convertible stock" in Business English

See all translations

convertible stocknoun [ C or U ]

uk us

FINANCE, STOCK MARKET apreferred share (= a share that gives its owner special rights), or a number of such shares, that can be exchanged for another type of share

(Definition of “convertible stock” from the Cambridge Business English Dictionary © Cambridge University Press)