Ontario Securities Commission Rule 14-501 Definitions
Section 1.1(2)

convertible security

In a rule, unless otherwise defined in the rule…“convertible security” means a security that, by its terms, is convertible into, or exercisable or exchangeable for, or that carries the right to purchase or cause the purchase of, another security;

Lexata note: “convertible security” is also defined in s. 1.1(1) of NI 55-104; see also s. 1.7 of NI 62-104.