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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


(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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
File Conversion: Consider converting each incoming collection to the same physical filing system that is already in place for the company's corresponding file collection.
You can also do some very basic and standard tasks as CD ripping and file conversion for various audio formats (such as mp3 to wav, mp3 to au, wma to mp3 etc.)
Compulit offers Compulit.Net in conjunction with its other litigation support services, such as image scanning, electronic file conversion, OCR and coding.
"The new update also adds on-the-fly MP3 decompression and automatic WAV file conversion when creating audio CDs." Price and Availability The Enterprise version of MyDisc will run on all PC platforms in an enterprise and is a standard component of Microtech's ImageAutomator Classic Plus product.
For a complete and detailed listing of the program capabilities and the file conversion formats of ImagePro 2K1, visit
The Harris editorial, advertising, and pagination products customer will apply MAXWorkFlow to various applications, including ad preflighting, PDF-to-EPS file conversion, imposition, color proofs creation, TIFF output to a laser platesetter, PostScript Level 3 RIPs, and as a common database for high-resolution files.
Besides EtherPeek and TokenPeek, these bundles will include other AG Group software, including AGNetTools, a suite of IP test utilities; EtherHelp and TokenHelp, remote troubleshooting and packet capture tools; NetSense, an expert post-capture analysis tool; and ProConvert, a packet file conversion utility.
ProConvert Packet File Conversion With ProConvert(TM), your traces can now be fully converted to and from both EtherPeek and TokenPeek formats from over a dozen other protocol analyzers.
This process, which is known as universal file conversion, has one inherent difficulty.
The extensive mapping project required accurate coordinate conversion, file conversion from Microstation to AutoCAD, and rubber sheeting of a database encompassing 648 separate files representing a 162-sq mi area encompassing the corporate limits of Springfield plus a 1-1/2 mile buffer zone.