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Investing Glossary:
Limitation on conversion
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Definition: |
| Applies mainly to convertible securities. Possible Delay in convertibility. More frequently, the Right to convert may be terminable prior to a Redemption date, preventing the holder from receiving a final Coupon or dividend. See: Accrued interest.
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