A convertible issue of little value because the underlying stock has fallen below the conversion price.
指因标的股票的市价跌至转换价下方，转换权的价值接近零的可转换证券。
2
Conversion Premium the amount by which the price of a convertible security exceeds the current market value of the common stock into which it may be converted.
转换溢价可转换证券的价格高于可转换成股票当时市场价格的金额。
3
No fractional shares of Party b's capital stock will be issued upon conversionof the Loan.