Business / Finance / Conversion: The movement of the price of a futures contract toward the price of the underlying cash commodity. At the start, the contract price is higher because of time value. But as the contract nears expiration, and time value decreases, the futures price and the cash price converge.
Business / Finance / Conversion Premium: Applies mainly to convertible securities. Common stock price at which a convertible bond can become exchangeable for common shares of equal value; value of a convertible bond based solely on the marke MORE
Business / Finance / Conversion Parity-Value: Related: Market conversion price MORE
Business / Finance / Market Conversion Price: Also called conversion parity price, the price that an investor effectively pays for common stock by purchasing a convertible security and then exercising the conversion option. This price is equal to MORE
Business / Finance / Conversion Price: The extent by which the conversion price of a convertible security exceeds the prevailing common stock price at the time the convertible security is issued. MORE
Business / Finance / Conversion Value: Applies 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 MORE