debenture convertible to stock at market price

简明释义

可按市价转换股票的公司信用债

英英释义

例句

1.Investors were pleased to learn that the debenture convertible to stock at market price would allow them to benefit from potential stock price increases.

投资者高兴地得知，可按市场价格转换为股票的债券将使他们能够从潜在的股价上涨中受益。

2.The company issued a new financing option, a debenture convertible to stock at market price, to attract more investors.

该公司发行了一种新的融资选项，即可按市场价格转换为股票的债券，以吸引更多投资者。

3.During the quarterly meeting, the CEO explained how the debenture convertible to stock at market price works and its benefits for the company’s capital structure.

在季度会议上，首席执行官解释了可按市场价格转换为股票的债券的运作方式及其对公司资本结构的好处。

4.The debenture convertible to stock at market price offers a unique opportunity for risk-averse investors to gain equity exposure.

这种可按市场价格转换为股票的债券为厌恶风险的投资者提供了获得股权敞口的独特机会。

5.When the company’s stock price rose significantly, many holders of the debenture convertible to stock at market price decided to convert their bonds into shares.

当公司的股价大幅上涨时，许多持有可按市场价格转换为股票的债券的人决定将其债券转换为股票。

作文

In the world of finance, various instruments are used to raise capital and manage investments. One such instrument is a debenture, which is a type of debt security issued by a company. A debenture typically has a fixed interest rate and is repayable after a specified period. However, what makes some debentures particularly interesting is that they can be structured as debenture convertible to stock at market price, allowing investors to convert their debt into equity under certain conditions.To understand this concept better, we need to break it down. A debenture, as mentioned, is a loan made to a company, and in return, the investor receives interest payments. This means that the investor is essentially lending money to the company with the expectation of getting their principal back along with interest. However, when a debenture is described as debenture convertible to stock at market price, it indicates that there is an option for the investor to convert their debt into shares of the company’s stock.The phrase 'convertible to stock' implies that the debenture holder has the right to exchange their debenture for a predetermined number of shares. This conversion usually happens at a specific time or under certain conditions set forth in the debenture agreement. The added term 'at market price' signifies that the conversion will occur based on the current market value of the stock at the time of conversion, rather than a predetermined price. This aspect can be very attractive to investors, especially if the company's stock is performing well.For instance, let’s consider a scenario where an investor holds a debenture worth $1,000 with an interest rate of 5%. If the company’s stock is doing exceptionally well and its market price has risen significantly since the issuance of the debenture, the investor may choose to convert their debenture into stock. By doing so, they could potentially gain more from owning shares than from simply receiving interest payments.This feature of convertibility can be beneficial for both the company and the investor. For the company, issuing convertible debentures can be a way to attract investors who are looking for both security (in the form of fixed interest payments) and the potential for growth (through equity conversion). On the other hand, investors may find this an appealing investment option because it provides them with a safety net of fixed returns while also allowing them to participate in the upside potential of the company's stock performance.However, it is essential to note that investing in convertible debentures also carries risks. If the company does not perform well, the market price of the stock may decline, making the conversion less advantageous. Additionally, the timing of the conversion can also affect the overall return on investment. Investors must analyze the company’s financial health and market conditions before deciding to convert their debentures.In conclusion, understanding financial instruments like debenture convertible to stock at market price is crucial for investors who wish to navigate the complexities of the financial markets. This type of debenture offers a unique blend of fixed income and equity participation, providing both security and growth potential. As always, thorough research and careful consideration of market conditions are essential when making investment decisions.

在金融世界中，各种工具被用来筹集资本和管理投资。其中一种工具是债券，它是一种由公司发行的债务证券。债券通常具有固定的利率，并在指定的期限后偿还。然而，使某些债券特别有趣的是，它们可以被结构化为可转换为市场价格股票的债券，允许投资者在特定条件下将其债务转换为股权。要更好地理解这一概念，我们需要将其分解。正如前面提到的，债券是一种对公司的贷款，作为回报，投资者会收到利息支付。这意味着投资者本质上是在借钱给公司，期望在未来获得本金以及利息。然而，当一个债券被描述为可转换为市场价格股票的债券时，这表示投资者有权在一定条件下将其债券兑换为公司股票的预定数量。“可转换为股票”这一短语意味着债券持有人有权在特定时间或根据债券协议中规定的某些条件，将其债券兑换为股票。而“市场价格”这一术语则表明，转换将在转换时基于股票当前的市场价值进行，而不是预定的价格。这一方面对于投资者来说尤其具有吸引力，尤其是在公司的股票表现良好的情况下。例如，假设一个投资者持有一张价值1000美元、利率为5%的债券。如果公司的股票表现异常良好，自债券发行以来其市场价格显著上涨，投资者可能会选择将其债券转换为股票。通过这样做，他们可能从拥有股票中获得比单纯收取利息更高的收益。这种可转换特性对公司和投资者都有好处。对于公司而言，发行可转换债券可以吸引那些希望获得固定收益（以固定利息支付）的投资者，同时也能参与股权增长潜力的投资者。另一方面，投资者可能会发现这是一种有吸引力的投资选择，因为它为他们提供了固定回报的安全网，同时也允许他们参与公司股票表现的上行潜力。然而，值得注意的是，投资可转换债券也存在风险。如果公司表现不佳，股票的市场价格可能会下降，从而使转换变得不那么有利。此外，转换的时机也可能影响整体投资回报。投资者在决定是否转换债券之前，必须分析公司的财务健康状况和市场条件。总之，理解像可转换为市场价格股票的债券这样的金融工具，对于希望在金融市场中导航的投资者至关重要。这种类型的债券提供了固定收入与股权参与的独特结合，提供了安全性和增长潜力。像往常一样，在做出投资决策时，彻底的研究和对市场条件的仔细考虑是必不可少的。