Glossary Limitation On Conversion delay convertibility

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Investor Stock Glossary: Limitation on conversion

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Term:

Limitation on conversion

Definition:

Applies mainly to convertible securities. Possible Delay in convertibility. More frequently, the Right to convert may be terminable prior to a Redemption date, preventing the holder from receiving a final Coupon or dividend. See: Accrued interest.

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02/09/2012 - SV1n