Exchangeable Instrument

Business, Legal & Accounting Glossary

Definition: Exchangeable Instrument


Exchangeable Instrument


Full Definition of Exchangeable Instrument


A security issued by a company that is convertible into another type of security from the same company or a subsidiary based on prices and terms specified at the time of issue. Convertible securities such as convertible bonds or preferred stock are examples of exchange instruments a company might use to divest itself of certain assets.


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Definition Sources


Definitions for Exchangeable Instrument are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.