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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 ?
The new capabilities are located at Web's Fort Wayne, IN, facility, which already houses some of the world's largest nonwoven and film converting equipment.
The pair were keen to stress that converting to Islam was not about being brainwashed.
While that's still better than not converting at all, failing to take advantage of the opportunity to convert in 2008 would have cost the Smith family $780,946 when compared to Example 1.
"Siegwerk's mandate is to provide global coverage for our customers, and North America is our responsibility," said Dan McDowell, Color Converting's president.
Profile: International Paper is the largest company in the global paper industry operating a wide range of pulp, paper and packaging and converting plants, as well as merchanting companies, wood product facilities and specialty chemicals plants.
Converting a building from its previous use to a new use takes vision.
Converting to a Both IRA would generate a large tax bill."
They increased their lead before the end of the first quarter with Marchant touching down and White converting.
The facts are the same as in Scenario 1, except the taxpayer's existing rental property is small and not suitable for converting to a principal residence.
WINE fills these holes by letting you operate your Windows software while converting to or waiting for a Linux-based product.
The method of converting the damaged property to cash no longer should prevent a taxpayer from receiving the benefits of involuntary conversion treatment.
Strang's conversion of his own try restored the lead but Alastair Stevenson crossed for the Borders with Dalgleish converting.