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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 ?
Of course, such a view, while undermining the potential for conversionary activism, was valuable in defining the boundaries of the Jewish mission.
Thus, forensic justification need not be coupled with evidentiary sanctification; election need not bear a mimetic charge such that the regenerate are refashioned, by way of "predestined conformity," to the image of the Son of God; conversionary experiences might be thinned to barest essentials, allowing for little more than the Spirit's "immediate" revelation that all salvific actions had already been performed by Christ.
The persistence of anti-Semitism, manifested both in the conversionary pressures of the 1820s and 1830s, as well as continued occupational and educational discrimination, were certainly factors.
The 2008 prayer is openly conversionary and apparently covenantally supersessionistic, while the 1970 prayer grants theological recognition and is nonmissional.
Charles Lloyd Cohen has shown us a puritan conversionary sensibility enriched by love and joy and other gifts of the Spirit, revealing a grace that could both stimulate pietistic effort and dispense an "easing" of the consciousness of sin.
Gurock's analysis of the dispute over Jacob Riis' alleged conversionary motives would have benefited from reference to the similar controversy which erupted in nineteenth-century Russia over Uvorov's intentions for his own Jewish wards.
51) That granted, it seems to me that the line of reasoning followed by the Jewish speaker above can lead to the specious conclusions that religious people with conversionary motives cannot contribute to a better America and that the only alternative to consultation is confrontation.
Graham, "Knox on Discipline: Conversionary Zeal or Rose-tinted Nostalgia?
His key insights include the fact that authority (sacred texts) was relied on more than reason, even with the development of common sense arguments and dialectics; that the discovery of rabbinical literature changed the content of the debate, since Christians now attempted to use this literature to prove Christian truth claims; and that a more aggressive, conversionary attitude prevailed from the 13th century onwards.