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Conversion parity price |
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Conversion parity priceRelated: Market conversion priceConversion parity price Similar MatchesConversionConversionThe process by which a mutual organisation such as a building society changes itself into a company. Quite often accompanied by healthy payouts to members of the building society, which has attracted the interest of carpetbaggers. Also known as 'demutualisation'.The process of converting convertible loan stock in a company into ordinary shares. The right to convert is inherent in the convertible loan stock but usually you will only be allowed to convert on a particular date. The company will issue a notice to shareholders telling them when they can convert and telling them the applicable conversion ratio e.g. i.e. how many ordinary shares they can get for each unit of convertible loan stock. Limitation on conversionLimitation on conversionApplies mainly to convertible securities. Possible delay in convertibility. More frequently, the right to convert may be terminable prior to a redemption date, preventing the holder from receiving a final coupon or dividend. See: Accrued interest. Conversion PeriodConversion PeriodThe time period during which an investor can exchange a convertible security for common stock. Conversion ratioConversion ratioApplies mainly to convertible securities. Relationship that determines how many shares of common stock will be received in exchange for each convertible bond or preferred stock when a conversion takes place. It is determined at the time of issue and is expressed either as a ratio or as a conversion price from which the ratio can be figured by dividing the par value of the convertible by the conversion price. Currency conversionCurrency conversionA term used by the London Stock Exchange to denote that a trade was executed in one currency but converted for trade reporting. Further SuggestionsConversion priceConversion premium Reverse conversion conversion arbitrage Conversion ratio Conversion factors conversion terms Conversion feature Stated conversion price Equitable Conversion Conversion Conversion parity Conversion parity or value Involuntary Conversion Conversion value |
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