common stock equivalent

NOUN
23 LETTERS · STARTS WITH C

common stock equivalent is a valid 23-letter word worth 45 points in Scrabble and 54 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
C3O1M3M3O1N1S1T1O1C3K5E1Q10U1I1V4A1L1E1N1T1
3 + 1 + 3 + 3 + 1 + 1 + 0 + 1 + 1 + 1 + 3 + 5 + 0 + 1 + 10 + 1 + 1 + 4 + 1 + 1 + 1 + 1 + 1 =45 PTS
DOUBLE WORD → 90TRIPLE WORD → 135
MEANING

What does common stock equivalent mean?

NOUN · 1 SENSE
1

Preferred stock or convertible bonds or warrants that can be converted into common stock.

BROADER