CONVERTIBLE NOTE Definition

Bookmark and Share

CONVERTIBLE NOTE see CONVERTIBLE DEBT.

Learn new Accounting Terms

MARKET DISCOUNT BOND is any bond having market discount except: short-term obligations with fixed maturity dates of up to 1 year from the date of issue, tax-exempt obligations that you bought before May 1, 1993, U.S. savings bonds, and certain installment obligations.

NOMINAL means small payment, or value.

Suggest a Term

Enter Search Term

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