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In the context of securities, refers to the exchange of a convertible security such as a bond into stock.

In the context of mutual funds, refers to the free exchange of mutual fund shares from one fund to another in a single family.


The act of exchanging a convertible security for the underlying common stock. For example, if one holds a convertible bond in company A, conversion occurs when the holder gives the convertible bond back to company A and, in return, either receives for free or buys at a stated price, common shares in the same company.


(1) The process of changing a property into condominium ownership. (2) Wrongfully taking property of another,or denying that person access to his or her property.If a self-storage facility overlocks a tenant unit in the mistaken belief the rent is past due, when in reality the rent was credited to the wrong person's account,then the facility is guilty of conversion.

References in periodicals archive ?
Businesses and others who are in need of free file conversion services online, can visit https://convertio.
This versatile device serves multiple functions, from capture and encoding, to decoding and file conversion.
Founded in 1984, DataViz began its business developing file conversion software and has since expanded its expertise to providing solutions that meet the increasing demands of the handheld and mobile markets.
iVideoToGo Platinum provides a one-stop solution -- from file conversion to file transferring -- and is easily the best multimedia software solution for the mobile lifestyle nowadays.
In addition to PDF viewing, markup and editing features, Bluebeam also installs buttons in Microsoft Office, AutoCAD and SolidWorks for one-button PDF creation, batch and advanced file conversion options.