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Stated conversion price |
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Stated conversion priceAt the time of issuance of a convertible security, the price the issuer effectively grants the securityholder to purchase the common stock, equal to the par value of the convertible security divided by the conversion ratio.Stated conversion price Similar MatchesConversion arbitrageConversion arbitrageThe simultaneous purchase of a stock, the purchase of a put, and the sale of a call, creating a riskless transaction. Conversion featureConversion featureSpecification of the right to transform a particular investment to another form of investment, such as switching between mutual funds or converting preferred stock or bonds to common stock. Involuntary ConversionInvoluntary ConversionConversion of real property to personal property (money) without the voluntary act of the owner. This occurs when property is taken by eminent domain (condemnation). The owner is allowed to convert back to real property (buy another property) without paying tax on the gain from the condemnation. This must be done within a set time (3 years) and the prices of the old and new property are considered to form a new tax base. ConversionConversionIn 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. 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. Further SuggestionsConversion parity priceConversion value Equitable Conversion Conversion ratio conversion terms conversion Conversion factors Conversion ratio Conversion premium Conversion price Conversion parity Reverse conversion Conversion parity or value currency conversion Conversion Period |
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