Callable bonds give the firm the option to repurchase the bond from the holder at a stipulated call price.
—可赎回债券赋予公司一项权利，可以从持有者手中以特定的赎回价格回购债券。
2
A convertible bond is a bond that gives the holder the right to convert the bond to common share of the issuer at a fixed ratio during a stated period.
它赋予债券持有人在一定期限内以约定的价格将可转换债券转换为发行公司普通股票的权利。
3
An unsecured bond whose holder has the claim of a general creditor on all assets of the issuer not pledged specifically to secure other debt.