Conversion

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Related to digital converter: Analog to Digital converter

Conversion

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.

Conversion

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.

conversion

(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 ?
It combines the advanced Digital Video decoding and Digital Converter solutions from FOCUS Enhancements and the VITEC Multimedia existing MPEG product line with their global sales force, R&D and Service capabilities to deliver a unique value proposition to all FOCUS customers that have been using our MPEG decoder cards and MC-2E digital converter.
Government-Issued $40 Coupons for Digital Converter Boxes Redeemable at All Rite Aid Stores
Jasco is excited to help consumers prepare for the February 17, 2009, digital television transition by providing two NTIA certified GE Digital Converter Boxes," says Cameron Trice, Jasco Senior VP of Marketing and Product Development.

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