What Are Money Things?

Money Things are stocks, bonds, contracts - basically anything that banks and businesses use to loan or borrow cash.

Tuesday, August 3, 2010

What is Forced Conversion?

Forced Conversion something that happens to convertible money things. Built into these types of stocks and bonds is an agreement that if their price hits a certain point, they automatically become whatever other type of money thing was in the agreement. Usually people will have to trade in preferred shares for common stock or something like that.

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