Convertible Stocks

Trading Basics

Convertible Stocks

A loan that the owner can convert to ordinary shares in that company, given a set of conditions defined in the original loan.

Other Trading Basics

ABS

Asset-backed securities.

These are securities backed by assets, like mortgages, which are claimable if the creditor defaults.

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ASX 200

A term used for the index of the top 200 shares on the Australian Securities Exchange, also AUS 200.

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