convertible loan definition

convertible loan

Loan that entitles the lender (or the holder of loan debenture) to convert the loan to common or preferred stock (ordinary or preference shares) at a specified conversion rate and within a specified timeframe.

convertible loan is in the Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.

convertible loan appears in the definitions of the following terms: mezzanine financing and convertible debenture

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