Business / Taxes / Conversion Price: A conversion price is the predetermined price, set at the time of issue, at which you can exchange a convertible bond or other convertible security for common stock. The number of shares that you’ll receive at conversion is calculated by dividing the face value of the security by the conversion price. However, that number changes if the stock has split or has paid dividends.
Price Verb Synonyms: sacrifice, toll, penalty, cost, consequence
Price Noun Synonyms: charge, cost, expense, expenditure, outlay, payment, amount, figure, fee, quotation, appraisal, value, valuation, evaluation, worth
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
Business / Finance / Conversion Parity-Value: Related: Market conversion price MORE