The difference between the price of the convertible instrument and the conversion value as a percentage of the latter. Refers to the cost incurred to purchase or produce goods for the purposes of reselling them. An expression used to describe a stock that is rallying after a steep decline. Usually this rally is out of sympathy for the company in question. Bonds secured by the general assets of the issuing corporation.
Debt can be in the form of bonds, preferred shares, notes receivable or other accruals.
Expenses already paid for, but not used or written-off on the balance sheet. Is considered an asset. Expenses already consumed but not yet paid for. Is considered to be a liability. Typical derivatives include options, futures contracts, rights, warrants and convertible securities.