reconvertible

Meanings

• Adjective

  Capable of being reversed or converted back.

• Adjective

  Relating to or being a financial product that can be redeemed for its original form or converted into another form.

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Variants

List of all variants of reconvertible that leads to same result
reconvert , reconverted , reconverting , reconverts

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Etymology

origin and the way in which meanings have changed throughout history.

From the Latin 'convertibilis', meaning 'capable of being converted'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Reconvertible securities were popular during the dot-com boom in the late 1990s, when investors were eager to invest in technology stocks but also wanted the safety of a bond.

2. The first convertible bond was issued by the Dutch East India Company in 1620.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Convertible bond: A type of bond that can be converted into a specified number of shares of common stock, usually at the bondholder's option, typically at a conversion price equal to the face value of the bond.

2. Convertible note: A type of debt security that can be converted into equity shares of the issuer's common stock.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

In finance, reconvertible securities are bonds that can be converted into common stock under certain conditions. This can be a strategic tool for investors, allowing them to potentially benefit from the upside potential of the stock while still having the safety of a bond.

How to Memorize "reconvertible"

1. visualize
   

   - Imagine a bond that can be converted into stock, like a shape-shifting financial instrument.

2. associate
   

   - Associate the term with the ability to change or convert something into another form.

3. mnemonics
   

   - Use the mnemonic 'Can Bonds Convert Into Stock?' to remember the meaning.

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