Conversion feature

(redirected from Convertible Options)

Conversion feature

Specification of the right to transform a particular investment to another form of investment, such as switching between mutual funds or converting preferred stock or bonds to common stock.

Conversion Feature

The ability to change from one investment vehicle to another. For example, one may be able to switch between mutual funds in a fund family without incurring a penalty. Likewise, one may exchange a convertible bond to common stock in the issuing company. Sometimes, one even may be able to change an adjustable-rate mortgage into a fixed-rate mortgage. All of these examples describe a conversion feature on the investment vehicles.
References in periodicals archive ?
There are coupe and convertible options and a choice of engines, all of which deliver thrilling power surges and in in this tested model engine note designed to please the enthusiast.
Drivers get two convertible options when buying a new 2015 Miata, the first is the standard rag top, the second is a power-retractable hardtop.
Where Peugeot also score is in their basic series - from the 107 to the 207 and 308 in both coupe and convertible options.
I have developed a cunning plan involving short buying insider dealing of global commodities with anti collateral convertible options combining arbitrage derivatives with leveraged buy out.
IF you want the benefits of topless driving but don't want to splash out too much of your hard-earned cash, the good news is there are plenty of small-car convertible options out there.
In addition, we are also proud of the fact that this is a straightforward transaction that does not involve any exotic convertible options or commissions being paid to third party brokers.
For the few days of sunshine we get each year, the new hard-top convertible options are very appealing.
It was available in both fixed head and convertible options, the original triple- carburettor 3.