Convertible Note in German, French, Spanish & Italian

What does Convertible Note mean?

A form of short-term debt that converts into equity, typically in conjunction with a future financing round.

Convertible Note in a sentence

The startup raised its initial $500,000 using a convertible note with a 20% discount rate.

German

Wandeldarlehen

also Convertible Note

Ein Darlehen, das zu einem späteren Zeitpunkt in Unternehmensanteile umgewandelt wird.

French

Obligation convertible

also Convertible note

Dette à court terme convertible en actions lors d'une future levée de fonds.

Spanish

Nota convertible

Instrumento de deuda que se convierte en acciones en una ronda de inversión posterior.

Italian

Prestito convertibile

Prestito a breve termine che si trasforma in capitale di rischio in futuro.