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busted convertible
bust·ed con·vert·i·ble (plural bust·ed con·vert·i·bles)


noun 
Definition:
 
bond not worth converting: a convertible bond no longer worth converting because the price of the underlying security has dropped too far
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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