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Convert

To change a convertible security into the underlying security. For example, if one converts a convertible bond for Johnson & Johnson, one exchanges the bond for the agreed-upon number of common shares in Johnson & Johnson. See also: Conversion option, Conversion price.

convert

To exchange one security for a different security. For example, the owner of a convertible bond can choose to submit the bond to the issuer for conversion into a specified number of shares of stock.
References in periodicals archive ?
All GFCI shareholders as of the Record Date will be issued a total of 20,000,000 four-year warrants converting on a 1:1 basis into Series C Preference Participating Drilling Shares of PDEI at a price of $.
This hands-on laboratory-based workshop will provide a broad overview of pulping, bleaching, chemical recovery, recycling, papermaking, and converting.
Xethanol Corporation is a renewable energy company focused on converting biomass to biofuel.
With paper mills reorganizing to refocus on their core business--making paper--some have opted to move from traditional integrated converting operations to new options, such as offsite converting or outsourced converting.
752-1(e), the adjusted basis of a converting partner was not affected by the conversion unless the partner changed its share of partnership liabilities.
Hence, instead of converting one weldment per truck, two are changed and pattern costs can be recouped in half the time.
CONVERTING Magazine announces the winners of its 2006 Innovator Awards, which recognize the achievements of converting and package-printing companies that are "doing well by doing good" for their customers, their employees, their communities and their markets.
Not only does MediaConverter make converting multimedia files a simple process, but it gives hardware makers a solution for use with iPods, PlayStation Portables, Smart-phones and much more.
TSX:ATY)(NASDAQ:ATYT) dramatically reduces the "wait time" users experience when converting a PC-based video of their favorite show or home movie for play on today's portable video players.
Potlatch Corporation (NYSE:PCH) today announced that it is consolidating its Midwestern tissue converting and transportation operations at its Elwood, Illinois, facilities to reduce costs and to more efficiently serve the company's expanding Midwestern and Eastern private label tissue customers.
BOSTON -- Third paragraph, first sentence should read: Aberdeen's "Customer Intelligence Management: Converting Data to Profits" was launched with support from CMO Magazine, DM Review, DHSoft, Experian, and Harte-Hanks Trillium Software.