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Convertible Securities - Convertibles (Fast Answer) (846 words) |
 | A "convertible security" is a security - usually a bond or a preferred stock - that can be converted into a different security - typically shares of the company's common stock. |
| The convertible security financing arrangements might also include caps or other provisions to limit dilution (the reduction in earnings per share and proportional ownership that occurs when, for example, holders of convertible securities convert those securities into common stock). |
| By contrast, in less conventional convertible security financings, the conversion ratio may be based on fluctuating market prices to determine the number of shares of common stock to be issued on conversion. |
| Ford Mustang GT Convertible - RSportsCars.com (0 words) |
| And because the convertible was designed alongside the coupe and not as an afterthought, it is much more solid than coupe-derived convertibles of the past. |
| Thanks to intelligent engineering that resulted in a convertible platform with more than twice the torsional stiffness of the previous version, this is the most quiet and solid drop top Mustang ever produced. |
| The squeaks, shakes and rattles to which convertibles typically are prone are startlingly missing from the Mustang GT Convertible. |
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