Important Financial Investment Terms
Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
There is an alternative. We have defined more than 1,500 commonly used financial terms. Look-up a definition by entering the term in the search engine or using the alphabetical search service.
Definition of 'Convertibles'
Convertible securities can be exchanged for another class of securities, usually common stock, at a previously established price. Convertibles are used by investors who want higher income than is available from common stocks, but also want the greater appreciation potential that's associated with underlying common stocks.