conversion

conversion
The sale of a cash position and investment of part of the proceeds in the margin for a long futures position. The remaining money is placed in an interest-bearing instrument. This practice allows the investor/dealer to receive high rates of interest, and take delivery of the commodity if needed. The CENTER ONLINE Futures Glossary
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In the context of securities, refers to the exchange of a convertible security such as a bond into stock. Bloomberg Financial Dictionary
In the context of mutual funds, refers to the free exchange of mutual fund shares from one fund to another in a single family. Bloomberg Financial Dictionary
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An example of an arbitrage trade, where the future is purchased and a synthetic future is sold by buying a put option and selling a call option with the same maturity and strike price on the same underlying asset. Entered into when the relationship described as put/call parity has broken down, and the future is relatively cheap to the synthetic. The opposite of a reversal. Dresdner Kleinwort Wasserstein financial glossary
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Exchange of securities for another type of securities. Euroclear Clearing and Settlement glossary

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conversion con‧ver‧sion [kənˈvɜːʆn ǁ -ˈvɜːrʒn] noun [uncountable]
1. LAW when someone gives away or sells property that does not belong to them
2. when something changes from being one thing to being another, for example when a building society becomes a bank:

• The majority of Halifax customers voted for conversion.

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   The process of converting a convertible security, such as a bond or preferred stock, into common stock.

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conversion UK US /kənˈvɜːʒən/ noun [C or U]
► the process of changing from one type of system or organization to another: »

currency conversions

 conversion into sth »

the conversion of euros into US dollars

 conversion (from sth) into sth »

the building society's conversion from a mutual organization into a public limited company

 conversion to sth »

Conversion to digital TV will take place over a number of years.

► FINANCE, STOCK MARKET the process of exchanging preferred shares (= shares that give you special rights) for ordinary shares: »

The interest rate and conversion price will be determined before the offering closes.

► IT the process of changing computer data so that it can be read by a different software program: »

file conversion

► LAW the illegal act of giving away or selling property that belongs to someone else
→ See also CASH CONVERSION(Cf. ↑cash conversion), FRAUDULENT CONVERSION(Cf. ↑fraudulent conversion)

Financial and business terms. 2012.

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Synonyms:
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Look at other dictionaries:

  • CONVERSION — Selon sa signification étymologique, conversion (du latin, conversio ) signifie retournement, changement de direction. Le mot sert donc à désigner toute espèce de retournement ou de transposition. C’est ainsi qu’en logique le mot est employé pour …   Encyclopédie Universelle

  • Conversion — may refer to: Contents 1 Economy and Finance 2 Law 3 Marketing 4 Religion 5 Sport …   Wikipedia

  • conversion — con·ver·sion /kən vər zhən/ n 1 a: the act of changing from one form or use to another b: the act of exchanging one kind of property for another; esp: the act of exchanging preferred stocks or bonds for shares of common stock of the same company… …   Law dictionary

  • conversion — CONVERSION. s. f. Transmutation. La conversion des métaux.Conversion, se dit aussi d Un simple changement de forme. La conversion des espèces. Il se dit aussi en parlant Des rentes qui étant à un certain denier, sont mises à un autre plus bas ou… …   Dictionnaire de l'Académie Française 1798

  • Conversion — • Refers to a moral change, a turning or returning to God and to the true religion Catholic Encyclopedia. Kevin Knight. 2006. Conversion     Conversion      …   Catholic encyclopedia

  • Conversion — Con*ver sion, n. [L. conversio: cf. F. conversion. See {Convert}.] 1. The act of turning or changing from one state or condition to another, or the state of being changed; transmutation; change. [1913 Webster] Artificial conversion of water into… …   The Collaborative International Dictionary of English

  • conversion — Conversion. s. f. v. Transmutation, changement. La conversion des elements l un en l autre. la conversion des metaux. Il se dit aussi en matiere de Religion, & de morale, & signifie Changement de croyance, de sentiments, & de moeurs de mal en… …   Dictionnaire de l'Académie française

  • conversion — [kən vʉr′zhən, kən vʉr′shən] n. [ME conversioun < OFr conversion < L conversio < pp. of convertere: see CONVERT] 1. a converting or being converted; specif., a) a change from lack of faith to religious belief; adoption of a religion b) a …   English World dictionary

  • conversión — sustantivo femenino 1. Cambio de una cosa, acción o situación en otra: No es posible la conversión de esos vales en dinero. La conversión industrial era necesaria para modernizar el aparato productivo del país. Sinónimo: transformación. 2.… …   Diccionario Salamanca de la Lengua Española

  • conversión — f. psicol. Mecanismo por el cual un conflicto psíquico se traduce en un síntoma somático. Fue descubierto por Freud en relación con la histeria. Medical Dictionary. 2011. conversión …   Diccionario médico

  • Conversion — bezeichnet beim Rugby eine Möglichkeit Punkte zu erzielen, siehe Versuch (Rugby)#Erhöhung in der Familie der American Football Sportarten eine Möglichkeit Zusatzpunkte zu erzielen, siehe Two Point Conversion einen Begriff der Website Analytik,… …   Deutsch Wikipedia

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