See Also: Death Spiral Convertible(money)
Death spiral convertible(finance)
Death Spiral - Figure Skating(gambling)
Convertible 100(money)
Convertible(money)
convertible(dictionary)
Cash plus convertible(finance)
Synthetic convertible(money)
Convertible bond(money)
Convertible arbitrage(finance)

formulism (iou) and Death spiral convertible (finance)


formulism (iou)



formulism noun. M19.
[from FORMULA + -ISM.]
Adherence to or dependence on conventional formulas.
formulist noun M19.

Death spiral convertible (finance)


Used by companies that are in such bad shape, that there is no Other way to get financing. Popular in the mid to late 1990s. Also known as toxic convertibles or floorless convertibles.