Hybrid security: related pages

Shares that pay fixed dividends: payment of both dividends and capital takes priority over that of ordinary shares.

Bonds which can be exchanged for shares on or before maturity.

Contingent convertible bonds (CoCo bonds) covert if a specified event occurs.

The particular combination of debt, equity (shares) and other sources used by a company to finance its long term requirement for capital.

The proposition that the proportion of debt to equity does not affect the total value (debt + equity) of a company.

The economic analysis of the conflicts of interest between owners and managers of assets.