Assertion: convertible bond | /r/HasProperty | redeemed for cash
Facets:
value: unlike a "regular" bond
type: OTHER
value: at the holder's option
type: MANNER
Source sentences:
text: However, unlike a "regular" bond, which entitles investors to receive a set rate of interest over its life, and return of the principal at maturity, a convertible bond may (at the holder's option) be redeemed either for cash or converted into (predetermined) units of the company's stock.