What is another word for convertible security?
Pronunciation: [kənvˈɜːtəbə͡l sɪkjˈʊ͡əɹɪti] (IPA) 
A convertible security is a financial instrument that can be converted into another type of security such as stocks or bonds. Synonyms for convertible securities include convertible bonds, exchangeable bonds, exchangeable preferred stock, and convertible preferred stock. Another term used for convertible securities is hybrid securities. These instruments combine the features of both equity and debt securities, giving investors the opportunity to benefit from price appreciation while also providing a fixed income stream. Convertible securities have become increasingly popular in recent years, as they offer investors a flexible investment option that can adapt to changing market conditions. Overall, the various synonyms for convertible securities reflect the complexity and versatility of this type of financial instrument.
