- loan stock
Capital investment which is treated as debt rather than share capital. Often similar to preference shares although with a higher security ranking than shares but with less security than bank borrowing and senior debt. When subordinated, they may rank behind ordinary creditors as well.
Easyform Glossary of Law Terms. — UK law terms.
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loan stock — Stock bearing a fixed rate of interest. Unlike a debenture, loan stock may be unsecured. Exchange Handbook Glossary Long term debt issued by a company in order to raise capital for which interest is paid. Financial Services Glossary * * * loan… … Financial and business terms
Loan Stock — Common or preferred stock shares that are used as collateral to secure a loan from another party. The loan will earn a fixed interest rate, much like a standard loan, and can be secured or unsecured. A secured loan stock may also be called a… … Investment dictionary
loan stock — / ləυn stɒk/ noun stock issued by a company at a fixed rate of interest, as a means of raising a loan … Dictionary of banking and finance
loan stock — See: debenture … Accounting dictionary
loan stock — See debenture … Big dictionary of business and management
convertible loan stock — ➔ stock1 * * * convertible loan stock UK US noun [C or U] ► FINANCE, STOCK MARKET a company s bonds that can be exchanged for ordinary shares within a particular period of time … Financial and business terms
convertible bonds or loan stock — Bonds/loan stock that give the holder the right to convert to shares at a future date. The terms of the conversion are set at the time of issue. The aim is to give investors a regular income whilst also giving them the chance to share in the… … Financial and business terms
unsecured loan stock — ULS; = unsecured debenture A loan stock or debenture in which no specific assets have been set aside as a fund out of which the holders could be paid in priority to other creditors in the event of non payment … Accounting dictionary
unsecured loan stock — ULS; unsecured debenture A loan stock or debenture in which no specific assets have been set aside as a fund out of which the debenture holders could be paid in priority to other creditors in the event of non payment. Compare secured debenture … Big dictionary of business and management
Irredeemable Convertible Unsecured Loan Stock - ICULS — A type of security that can be used to purchase underlying common shares. It is similar to a warrant except that it is subject to the conversion ratio. In essence, an ICULS provides the benefits of a bond until it is converted to an equity. ICULS … Investment dictionary