Conversion feature

(redirected from Conversion Options)

Conversion feature

Specification of the right to transform a particular investment to another form of investment, such as switching between mutual funds or converting preferred stock or bonds to common stock.

Conversion Feature

The ability to change from one investment vehicle to another. For example, one may be able to switch between mutual funds in a fund family without incurring a penalty. Likewise, one may exchange a convertible bond to common stock in the issuing company. Sometimes, one even may be able to change an adjustable-rate mortgage into a fixed-rate mortgage. All of these examples describe a conversion feature on the investment vehicles.
References in periodicals archive ?
The company offers four strategic conversion options to match the requirements of each client.
As the authorized MaK marine dealer in the Middle East Region, the Dubai-based group is also able to provide customers with various MaK Factory Certified engine upgrading and conversion options
Term cases approaching the end of the conversion period, due to age or limited conversion options.
Assistance in understanding LED conversion options is available to all 249 municipalities in Ulster, Dutchess, Orange, Putnam, Rockland, Sullivan, Columbia, Greene and Westchester counties, regardless of whether the municipality or the utility owns the lights.
This release of CGM also delivers a robust NURBS conversion utility and additional conversion options for applications which use only NURBS surfaces for downstream engineering workflows.
K V Gopal, general manager of Techno Blue Qatar, observed that the conversion options available, thanks to the Twin Cooling Plus Technology, introduced a whole new world of optimisation.
German shipping management company Wessels Reederei GmbH, in collaboration with engine manufacturer MAN Diesel and Turbo and gas specialist TGW Marine Gas Engineering, have been investigating over two years the main engine conversion options for propulsion systems, determining the best option was to transition from heavy fuel oil to low-emission liquefied natural gas (LNG).
Agents should look at the conversion options of the term plans that they place their clients with.
When creating the zipped email attachment, WinZip Courier 6 also offers powerful file conversion options including the ability to convert to PDF, add watermarks and resize images.
This means that the bondholder would typically never apply this exception; however, a bond issuer could do so and, as a result, not classify convertible bonds' embedded conversion options as derivatives.
This change allows the models to capture the effects of economies of scale and to provide greater control over the operation of the conversion options (only allowing operation with a reasonable power range, e.g., 70%-100% of the maximum capacity).
The supplier's conversion options integrate with current equipment to streamline processes in shipping, receiving, inventory management and other areas.