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

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The Pro Convert family offers easy-to-use, cost-effective and reliable solutions to connect existing sources to NDI-enabled networks, systems and software.
Last month, the Center for Human Rights in Iran expressed concern over a string of arrests and imprisonments of Christian converts. The group noted that 11 converts have been handed long jail terms in just the previous two months,
'What we are looking at are those associated with the Maute Group [and the Abu Sayyaf] as converts,' he said.
(3) This article provides the condensed findings from that larger report, yet focuses more specifically on the role of converts to Islam.
Among the report's findings is evidence that many converts experience difficulties because of the negative attitudes of their families, with complaints that there is a lack of support networks available for converts.
SURVEY HELPS TO DISPEL MANY MYTHS The report by Faith Matters studied the way converts were portrayed by the media and found that, while 32% of articles on Islam published since 2001 were linked to terrorism or extremism, the figure jumped to 62% with converts.
ARE THERE CIRCUMSTANCES WHEN it makes sense to convert today from a traditional individual retirement account to a Roth IRA and not wait until 2010?
According to the rite, the term "convert" should never be used in reference to baptized Christians who are received into full communion with the Catholic Church.
In believing that his personal choice was also his country's salvation, Webb hardly differed from other zealous converts. In radically altering his moral outlook so that only those American beliefs and practices compatible with his new faith could be considered acceptable, Mohammed Alexander Russell Webb--the ostensibly unique Victorian American Muslim--actually revealed himself to be quite unremarkable.
Lewis himself never converted to Rome; he lived, and died (in 1963) a lifelong Anglican.
This Green Bay converter rewinds and slits nonwoven materials and converts them into folded wipers and other products.
These facts compelled Zwemer and other advocates of mission to Muslims to modify their goals and to develop an alternative approach--mainly through schools, medical activities, and "indirect evangelism." Countless Muslims came under the influence of Christianity and were attracted to the person and teachings of Christ, but they could not "convert." As noted earlier, converts to Christianity in Muslim lands were nearly always disaffected members of ancient Eastern churches, more precisely proselytes rather than genuine converts.