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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 ?
At the university-level, Ruskin prosecutes this conversional project through art-lectures and art-donations.
The Virgin and Child, with John, invite the readers of Fors to the conversional experience of creating Christendom.
life," to emphasize the ethical, the conversional dimension of Ruskin's art-pedagogy.
Second hypothesis: conversional leadership style decreases job stress of industrial personnel:
As it is seen in table 2, role of conversional leadership style in predicting job stress is meaningful.
Also there is negative and meaningful correlation between conversional leadership style and job stress.
Our aim is to compare conversional dependence of the composition of a copolymer synthesized in a PFR with that obtained in a CSTR under various values of kinetic parameters [r.