, is known as a convertible debenture.
A convertible debenture refers to a type of debt instrument that can be exchanged for company shares at a previously agreed upon price, upon the investor's request, at the end of a specified time frame. This financial term is commonly used in the field of finance and is important for investors to understand. By having the option to convert their debentures into shares, investors can potentially benefit from any increase in the company's stock value. This makes convertible debentures a popular choice for those seeking a mix of debt and equity in their investment portfolio.
