可转换优先股持有人有权选择转换成为普通股的优先股。

Convertible Preferred stock Preferred stock that can be converted into common stock at the option of the holder.

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雷曼兄弟此次将发售三百万股非累积永久性可转换优先股。

Specifically, Lehman will offer three million shares of noncumulative perpetual convertible preferred stock.

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可转换优先股不仅可以在投资者和企业家之间分配剩余索取权，还可以分配控制权，而且这种控制权的转移是状态依存的。

Firstly, this paper argues that convertible preferred stock can not only allocate residual claims between investors and entrepreneurs, but also assign control rights.

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虽然国债看上去不错，债券市场的其他品种更有吸引力，它们包括市政债券，公司债券，可转换证券，一些抵押贷款证券和优先股。

While Treasuries look rich, other parts of the bond market beckon, including municipals, corporate bonds, convertible securities, some mortgage securities and preferred stock.

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虽然国债看上去不错，债券市场的其他品种更有吸引力，它们包括市政债券，公司债券，可转换证券，一些抵押贷款证券和优先股。

While Treasuries look rich, other parts of the bond market beckon, including municipals, corporate bonds, convertible securities, some mortgage securities and preferred stock.

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