Conversion


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Related to Conversion: conversion disorder, conversion table

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 ?
The main source of deep conversion is to fall in love with endless Beauty.
Listed below are a few condominium development and conversion transactions either closed by or assigned to Carlton in 2004:
This involved identifying what concerns the business has in the conversion process.
The partners use their state's formless conversion law.
After a week of praying for Christian unity, we may find ourselves a bit unsettled by the good news that the feast of the Conversion of Saint Paul brings.
The other major conversion technology uses biological methods, such as anaerobic digesters.
It is important for companies to remember that the implementation effort required for conversion is independent of the magnitude of the change.
Indeed, a few reports touting some successes from conversion therapy--usually individual anecdotes rather than larger, more-authoritative studies following scientific procedures--have appeared in psychology journals.
The legislative history of section 1033 indicates the rule was designed for taxpayers that reinvested the proceeds from an involuntary conversion in qualified business property.
Physicians exposed to a large number of TB cases at a public hospital had a 17% annual TST conversion rate.
ASCII data is usually the raw material for data conversion projects.