Give one word / Term / phrase for each of the following statement :

A preference share having right of conversion into equity.

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Solution

Convertible

Explanation: Preference shares with the provision of being converted into equity shares after a defined span of time are known as convertible preference shares.

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Give one word / Term / phrase for each of the following statement : A preference share having right of conversion into equity.

Convertible Explanation: Preference shares with the provision of being converted into equity shares after a defined span of time are known as convertible preference shares.

Give one word / Term / phrase for each of the following statement :

A preference share having right of conversion into equity.

Convertible

Explanation: Preference shares with the provision of being converted into equity shares after a defined span of time are known as convertible preference shares.