Business, Legal & Accounting Glossary
Contingent Convertible Bonds. Bonds which are only convertible into stock if the stock price spikes quickly. CoCo Bonds circumvent FASB rules of being included in the calculations of fully diluted earnings per share of common stock because of their conversion features. Recently however, legislation has been proposed to include CoCo Bonds in the calculation of fully diluted earnings per share of common stock.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for CoCo Bonds are sourced/syndicated and enhanced from:
This glossary post was last updated: 15th November, 2021 | 0 Views.