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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 ?
The Media Converter Module is a Gigabit Ethernet media conversion solution in a Plug & Play Universal Systems footprint.
First Matrix Switch with Any-to-Any, Cross-Connect Media Conversion Between Fiber and Copper
Fiber optic integration in the DS2000-TS eliminates the typical alternative of collocating multiple external media conversion devices, thus reducing space, eliminating redundant power feeds and simplifying field installation.
The company designs and markets these media conversion technologies across a broad spectrum of networking protocols including Ethernet, Fast Ethernet, Gigabit Ethernet, T1/E1, DS3, and more.
The Spire(TM) Client features include multiple source media conversions to multiple devices and high quality media valuation and editing tools:
11 per diluted share, operating results were negatively affected by channel customers in the media conversion and network switch segment reducing their inventory.
We are at the forefront of our industry in delivering a sophisticated site that provides our partners with detailed product information, in-depth content about media conversion and its application use and, most importantly, the ability to purchase products online.
Capable of handling any network's Ethernet or SONET media transitions, OptEnet(TM) Media Conversion Platform bridges the gap between legacy copper infrastructures and new fiber growth.
The New IE-MiniFiberLinX-II Provides Industrial-Grade Delivery of Transparent LAN Services over Fiber, with Media Conversion, Carrier-Grade Remote Management and Line-Provisioning Capabilities in One Compact Device
MiLAN focuses on providing the best innovative and cost effective LAN, WLAN, and Media Conversion networking products that help companies leverage their existing networks while offering the advantage of new technology for growth and enhancement.
This new offering provides stable and affordable Ethernet or Fast Ethernet media conversion combined with a stable redundancy of fiber connectivity in highly-critical Fast Ethernet optical segments.
an established provider of services and solutions for document management, imaging and archiving, announced that it has been selected by the Defense Technical Information Center, the premier provider of scientific and technical information for the Department of Defense (DoD), to complete a comprehensive media conversion project.

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