exchangeable securities
1Securities Act of 1933 — A US statute which primarily regulates the offer and sale of securities by an issuer to the public in the US. It creates a mechanism for the registration of securities publicly offered and the use of a prospectus in connection with such a public… …
2exchangeable — Applies mainly to convertible securities ( convertible security). Means the issuer, if so stated, may substitute a convertible debenture for an existing convertible preferred with identical terms. Most often used when a corporation has an… …
3exchangeable instrument — Applies mainly to convertible securities ( convertible security). bond or preferred stock that may be exchangeable into the common stock of a different public corporation. Bloomberg Financial Dictionary …
4exchangeable — adjective 1. suitable to be exchanged • Ant: ↑unexchangeable • Similar to: ↑commutable, ↑substitutable, ↑fungible, ↑transposable, ↑permutable, ↑vicarious …
5miscellaneous securities — United Kingdom From 6 April 2010, for the purposes of the Listing Rules, securities which are not: • shares; • debt securities (debt security); • asset backed securities ; • certifica …
6Distressed securities — are securities of companies or government entities that are either already in default, under bankruptcy protection, or in distress and heading toward such a condition. The most common distressed securities are bonds and bank debt. While there is… …
7deeply discounted securities — Securities where the amount payable on redemption (A) exceeds (or may exceed) the issue price by more than A x 0.5% x Y, where Y is the lower of 30 and the number of years between issue and redemption (section 430, Income Tax (Trading and Other… …
8discounted securities — Securities where the amount payable on redemption exceeds the issue price, the discount being the amount of that excess (excluding any amount payable by way of interest). Related links convertible bond; exchangeable bond Practical Law Dictionary …
9fungible securities — Securities which are replaceable by others of the same series without any differences in the rights attributable to them. Related links convertible bond; exchangeable bond Practical Law Dictionary. Glossary of UK, US and international legal terms …
10Debt Exchangeable for Common Stock - DECS — A debt instrument that provides the holder with coupon payments in addition to an embedded short put option and a long call on the issuing company s stock. DECS instruments provide the holder with the right to convert the security into the… …
