TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CONVERTIBLE DEBT [1 record]

Record 1 2022-05-18

English

Subject field(s)
  • Loans
CONT

With convertible debt, a business borrows money from a lender where both parties enter the agreement with the intent (from the outset) to repay all (or part) of the loan by converting it into a certain number of its common shares at some point in the future.

French

Domaine(s)
  • Prêts et emprunts
CONT

Une dette convertible permet à une entreprise d'emprunter de l'argent d'un prêteur avec une entente commune initiale de rembourser la totalité (ou une partie) du prêt en le convertissant en un certain nombre d'actions ordinaires à un moment éventuel donné.

Spanish

Campo(s) temático(s)
  • Préstamos
DEF

Pasivo que se puede cambiar por capital o por otra deuda, en caso de determinados eventos, o como una opción del prestatario.

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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