Convertible bonds are a special type of bond that gives the owner the option to trade for a certain amount of stock in the company. This lesson provides a detailed definition as well as examples.
assure - Dictionary Definition.
The verbs insure and ensure look and sound like assure but they aren't synonyms. There is some overlap in meaning — all of them can mean “to make secure or certain” — but assure is generally used in situations when you are referring to a person: “I assure you that I haven’t forgotten about driving you to the airport” or “He.
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Definition of an MSB. Non-bank financial institutions (NBFI) is a general term used to describe certain businesses offering various financial products and services to their customers.
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