Conversion

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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 ?
Fifty-two percent of Jewish Israelis want that to happen, while 35% want conversions to be more stringent and 13% don t know.
Not just straightforward conversions of Flash-based courses, CommLab India has handled, and continues to handle Flash to HTML5 conversion projects that also require translations.
However, anyone, wilfully converting to the Islam is allowed and the Islamic history also has examples of child conversions. He said that they would study the bill closely and would comment on it after that.
PEMCO Conversions, a wholly owned subsidiary of Airborne Maintenance and Engineering Services, has announced a Boeing 737-700 Next Generation aircraft Passenger-to-Full Freighter conversion program.
(CAM) of Wilmington, Ohio, have announced the formation of 321 Precision Conversions, LLC, a joint-venture company to develop a passenger-to-freighter conversion of Airbus A321-200 aircraft, the companies said.
We are already under observation from human rights organisations due to growing incidents of force conversions, Haq added.
RELIGIOUS CONVERSIONS IN THE MEDITERRANEAN WORLD is an edited volume focusing on a neglected issue within the social sciences, at least until very recently.
In the novel, Eliot contrasts the conversions of two characters: Daniel and Gwendolen.
Irenicism, a natural outgrowth following the religious wars and conversions that separated ruling families, is the topic of the essays offered by Alexander Schunka and Benjamin Marschke.
LOFT conversions are an excellent way of adding value to your home and creating more space without having to increase the footprint of the property.
In the majority of claims transformation projects, large-scale data conversions are required to decommission old claim systems and to ensure that claims data from old systems is migrated to the new claims platform.