| 单词 | convertible note |
| 释义 | convertible note convertible note noun [C]
(Finance ) a loan made to a company that has a fixed rate of interest and can either be paid back in cash or changed into ordinary shares: The group has announced a $100 million offering (= sale) of convertible notes. The convertible notes are convertible into common stock at $1.70 per share. |
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