Conversion
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Related to digital converter: Analog to Digital converter
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.
In the context of mutual funds, refers to the free exchange of mutual fund shares from one fund to another in a single family.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.