Asset Classes
Hybrid Security
Definition
What is Hybrid Security?
An instrument that combines features of debt and equity.
Example in practice
How This Looks in Practice
A convertible bond pays interest but may later convert into shares.
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Related Terms
Asset Classes
Asset
Anything with economic value that can be owned or controlled.
Asset ClassesAsset Class
A group of investments with similar economic characteristics and market behaviour.
Asset ClassesCash
Money available immediately for spending, settlement, or investment.
Equity InvestingCommon Stock
A share that usually carries voting rights and a residual claim on a company's profits and assets.