ZERO COUPON CONVERTIBLE DEBENTURE/SECURITY Definition

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ZERO COUPON CONVERTIBLE DEBENTURE/SECURITY is a zero coupon bond that is convertible into the common stock of the issuing company after the common stock reaches a certain price.

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FIRM QUOTATION is the requirement that a Market Maker execute an order from another broker/dealer at its displayed price for the normal unit of trading, or for its displayed size, whichever is greater.

CREDIT CARD is a card authorizing purchases on credit at a predetermined interest rate and payment conditions.

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