convert

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Convert

To change a convertible security into the underlying security. For example, if one converts a convertible bond for Johnson & Johnson, one exchanges the bond for the agreed-upon number of common shares in Johnson & Johnson. See also: Conversion option, Conversion price.

convert

To exchange one security for a different security. For example, the owner of a convertible bond can choose to submit the bond to the issuer for conversion into a specified number of shares of stock.
References in periodicals archive ?
Women converts occasionally acted in support roles to male plotters.
Whereas Westerners who convert to Islam are very well known--they go on television, are invited by the most popular programs, are presidents of the most famous Muslim associations and have no problems of visibility--we have sought out people who, by the very nature of their experience, have problems in making known what they have experienced, though they are very happy with what has occurred.
The SkootaSkate's engine converts gasoline's--,or energy stored in chemical compounds, into--to rotate the SkootaSkate's front wheel.
Although the Iogen plant has used only wheat straw as a feedstock, the Purdue yeast could efficiently convert xylose from cornstalks, wood chips, and cardboard to ethanol in their processing facility.
Yet despite this, the converts Carlebach writes about were not opportunists but true believers.
Any initiative by the government, secular or not, that supports increasing Reform or Conservative support is good news,'' said Rabbi Jim Kaufman of Temple Beth Hillel, a Reform synagogue in Valley Village, which accepts between 10 and 15 converts a year.
And certain contac-theating thermoformers used for light-gauge forming of candy inserts are also difficult to convert.
There's an argument that some converts to Catholicism become "more Catholic" than cradle Catholics themselves.
The IRS has issued temporary regulations that provide transitional rules for existing businesses using legacy functional currencies that must convert to the euro (Temp.
OCR software converts the images of the letters and numbers directly into a word-processorcompatible language, allowing the user to create multiple search indexes for each document--a major advantage that will be explained later in this article--and to edit or reformat the document with word processing software.
OEMs can offer a complete solution which easily converts virtually all multimedia files.
com) on October 29 from Jerusalem that "at least 22 Egyptian Christians have been arrested over the last week, many of them converts to Christianity, in a crackdown on apostates and those who support them, .