PARTIALLY CONVERTIBLE DEBENTURE - PCD
PCD is a type of convertible debenture where partial of is redeemed by the issuing company after a definite period of time and partial of it is convertible into equity at the end of the stated period. The ratio of conversion for the partially convertible debenture is decided by the issuer when the debenture is issued.
POPULAR TERMS
Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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A Guide to Your Personal Income Tax: Papers
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