CONVERTIBLE DEBT Definition

Bookmark and Share

CONVERTIBLE DEBT is a debt instrument which can be exercised into the security of the debtor in accordance with the conditions set forth in the debt instrument.

Learn new Accounting Terms

EMPLOYEE STOCK OWNERSHIP PLAN (ESOP) is an employee benefit to acquire ownership of shares in their company without necessarily laying out personal capital.

USAGE VARIANCE is the difference between the budgeted quantity of materials and the actual quantity used.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.