Assertion: convertible bond | /r/HasAspect | option
Facets:
Source sentences:
text: Convertible bonds or convertible debentures are bonds that have an option to be converted into a fixed number of common shares of the issuing company up until the date of maturity of the bond.
text: A convertible bond offers investors a type of hybrid security that has features of a bond, such as interest payments, while also having the option to own the underlying stock.