Assertion: convertible bond | /r/HasProperty | converted
Facets:
value: during the period
type: TEMPORAL
value: often
type: TEMPORAL
value: simply
type: OTHER
Source sentences:
text: Keep in mind, that most convertible bonds don’t have to be converted.
text: Convertible bonds, often simply called converts, are usually debentures, which are unsecured bonds, that can be converted into common stock of the corporate issuer within a specified time period at the discretion of the investor.
text: First, if they are converted, the firm avoids the interest expense that it would have incurred.
text: If convertible bonds are actually converted during the period, EPS figures are calculated as if the bonds were converted at the beginning of the period (this same assumption is made for bonds that are not converted).
text: In legal and accounting terms, until a convertible bond has been converted, it counts as a loan.