See Also: Stated conversion price(money)
Stated conversion price(finance)
Conversion price(finance)
Conversion price(money)
Market conversion price(money)
Conversion parity price(money)
Market conversion price(finance)
Conversion; Conversion Rights(law)
stated(dictionary)
Stated value(finance)

stupidity (iou) and Stated conversion price (finance)


stupidity (iou)



stupidity noun. M16.
[French stupidite or Latin stupiditas, from stupidus: see STUPID, -ITY.]
The quality of being slow-witted, foolish, or unintelligent. Formerly also, apathy, indifference; numbness, stupor; the condition of having one's faculties dulled. M16.
A stupid idea, action, etc. M17.
D. Rowe All the stupidities which prevent us from being ourselves.
Obstinacy. north. L19.

Stated conversion price (finance)


At the time of issuance of a convertible Security, the price the issuer effectively grants the Security holder to purchase the common stock, equal to the par value of the convertible Security divided by the conversion ratio.