Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does exchange feature mean?

SEARCHING
exchange feature
Noun

An embedded option in a corporate bond granting bondholders the right to convert (exchange) the bond for equity of a firm different to the bond issuer, where the equity into which the bond is exchangeable is often held by the bond issuer or its parent company.

Synonym(s): 
  • exchange provision.
top
© 2015-2020 Pecunica LLC.  All rights reserved.