The act of assuming and exercising right of ownership over personal property belonging to another, altering its condition or excluding the real owner's rights. Common law allows for an owner of property to sue for damages against a defendant who came across the property and who, rather than return the property, "converts" that property to his own use or retains possession of the property or otherwise interferes with the property. The innocence of the defendant who took the property is not an issue. It is the conversion that gives rise to the cause of action. See also "trover" and "detinue".
In simplest terms a conversion is a sale. A surfer has been "converted" from a surfer to a paying member. The term "conversion" is also used to refer to a member who has purchased a trial membership for a few bucks and has remained a member and been billed the full month's membership fee, thus they have been "converted" from a trial member to a full member.
Confusingly, this word is often used in three ways: any first-time renewal (where it is also known as “sensitive renewal”); the process of converting Controlled Circulation readers into paid subscribers; and the process of converting Forced-Free Trial readers into paid subscribers
A one time large family home divided and converted into two or more flats
Process of converting U3O8 into uranium hexafluoride for use in the enrichment process. See also re-conversion.
A defense mechanism, operating unconsciously, by which intrapsychic conflicts that would otherwise give rise to anxiety are instead given symbolic external expression. The repressed ideas or impulses, and the psychological defenses against them, are converted into a variety of somatic symptoms. These may include such symptoms as paralysis, pain, or loss of sensory function.
A process that changes [converts] a video cabinet from one game to another game, through the exchange of software.
Identifies an unrecognized charge on a case that was converted from the previous computer system. This alerts Clerk's staff to investigate the case and correct the charge to the proper violation code.
An optional or compulsory event where the shareholder has a convertible security changed to another security, usually at a ratio set by the company and can be a continuous event, at intervals or on a single occasision.
Term designates the transformation of paper or paperboard after it comes off the manufacturing machine, to a variety of forms such as envelopes, bags, boxes and containers. Also, an offset plate that has been converted from a relief image plate.
In 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.
The fraction of a species entering a system which is converted to product.
A plan may allow a covered person to convert from group coverage to an individual policy after continuation is exhausted or if no other option exists. This is known as conversion.
This term can have several meanings. A second use of the term in the local market is when a rental building is converted to a co-operative type of ownership. This occurs when an individual or a company plays the role of a sponsor in the conversion process.
Can refer to a property that was once a house but has been converted to a flat. Also could refer to a loft that has been converted to a room. Changing from one use to another
(psychiatry) a defense mechanism represses emotional conflicts which are then converted into physical symptoms that have no organic basis
a set of tools and equipments that allows you to transform or convert a particular part or set-up into another one
The individual has the right to convert group insurance coverage to an individual plan without presenting evidence of insurability if converted within 31 days of termination.
The outright loss of forest land to other uses, which often creates permanent fragmentation. Conversion may also mean changing one forest type to another; for example, a stand containing several species may be converted to a single species plantation.
The invocation of a well-defined mechanism from of transforming an instance of one type of object to an instance of another; for example, int('3') will convert a string ('3') to an int (3).
Converting of a bankruptcy filing from one chapter to another. Usually seen where Chapter 7 filings are moved to Chapter 13 filings because there are enough earnings or other resources to make repayment possible. This will be happening more often with the means test under the new bankruptcy laws. Conversion is also seen when a debtor in Chapter 11 or 13 decides to liquidate instead of accepting the reorganization plan.
A technological process that changes energy from one form to another (e.g., energy is converted into heat during combustion in an engine; rotary motion is converted into reciprocal motion using a crank).
Occurs when a case cannot continue as a Chapter 7 and must be moved into a Chapter 13 repayment.
The procedure for switching a case from one chapter to another under the Bankruptcy Code.
The right of an employee, following the expiration of his/her right of continuation of group health insurance under COBRA, to convert to an individual policy.
An action that signifies a completion of a specified activity. For many sites, a user converts if they buy a product, sing up for a newsletter, or download a file. The conversion rate is the percentage of visitors who do convert. Cookie deletion can have an impact on your conversion rate because if a cookie is being systematically deleted, repeat visitor rates will be under-counted and new visitor rates will be over-counted, thus skewing the conversion rate metric by which you analyze your site's overall effectiveness.
Unauthorized use another's property. The conversion of real property into personal or vice versa. Converting a rental property into condominium ownership.
The process whereby a bankruptcy case where relief is sought under one Chapter, is converted to a case whereby relief is sought under another chapter. (i.e. a Chapter 13 debtor may convert a case not previously converted to a Chapter 7 case).
Converting a bankruptcy case from one chapter to another.
The process of converting the securities into either cash or repayment of face value. The conversion terms are set by the issuer when the security is first offered to the market.
Is the action of transforming a security into another security. A convertible bond, when exercised, will convert into the stipulated number of common shares.
Converting a group health or life policy to an individual policy, under specific conditions, when the insured is no longer a member of the group providing coverage.
A chemical conversion process wherein heroin base is converted into a soluble salt form of heroin, generally heroin hydrochloride.
Unconscious mechanism of symptom formation, which operates in conversion hysteria, is the transposition of a psychological conflict into somatic symptoms which may be of a motor or sensory nature.
The change to a case under a chapter different that the one originally filed under. The court may convert a case on the request of the debtor or the request of a party in interest.
In Kentucky, the insured's right to convert his or her policy to an individual policy with substantially similar benefits upon leaving a group health plan. Kentucky law stipulates minimum benefit requirements for conversion policies. Such policies may cost more than the group policy.
this is where the court, pursuant to a motion, converts a case from one Chapter to another.
The right of a borrower to convert an adjustable rate mortgage or balloon loan into a fixed loan.
The process of converting a building from rental housing to co-op housing.
Conversion refers to visitors that convert to a desired action, such as buying a product on-line, filling out a contact form, or registering with a search engine or a newsletter. Webmasters measure conversion to judge the effectiveness and the return on investment (ROI) of PPC and other advertising campaigns.
One-off transactions to convert one currency into another currency. The funds for conversion must be in the client account before the transaction is done. Conversions are non-credit sensitive and only require that the FA, branch manager and the operations manager ensure the funds are cleared and the transaction is appropriate.
The point in time/temeprature in the mash mixer when the malt enzymes are converting starch to sugar.
The process of converting a qualified prospect into an active client.
Means by which one energy form (ultrasound and shortwave) is converted to another energy form (heat) in the tissues.
a feature some funds offer that allows investors to automatically change from one class to another (typically with lower annual expenses) after a set period of time. The fund's prospectus or profile will state whether a class ever converts to another class.
Switching a bankruptcy case from one chapter type to another.
Usually refers to the process of converting a property from rental to either a condominium or cooperative property. Tenants generally have a first right of purchase for the unit they occupy.
The process of converting a corporation to an LLC or converting an LLC to a corporation. Not all states allow this procedure, and the fees vary within the states that do.
The changing of a bankruptcy case from one chapter type to another.
The right of eligible group members to convert to individual policies with no health statement requirements when their group insurance ends. Benefits under the new policy may be different from those under the group policy. See also group conversion.
the process by which starches are converted to sugars.
is a change in ownership type or status. Example: A rental housing building may be converted to co-operative or condominium ownership. A commercial loft building may be converted into residential apartments.
The process of converting (or exchanging) data from an existing system to another hardware or software environment.
Any first-time renewal, or the process of converting nonpaid subscribers to paid subscribers.
A provision in a group benefit plan that gives an employee whose coverage ceases the right to convert to an individual insurance policy without providing evidence of insurability. The conversion policy may or may not be identical to the prior group coverage.
Refers to converting a traffic lead to the goal of the call to action. eg (Converting a prospective buyer into a sale)
In bankruptcy, the converting of a case from one chapter to another.
The right of a borrower to convert an adjustable or balloon loan into a fixed loan. The Conversion Option balloon tables indicates the right of a borrower to convert this balloon loan. The possible options are as follows... Not Available Borrower May Not Convert This Loan. Must Requalify Borrower May Convert But Must Requalify. Conversion Fee Applies Auto-Qualify Borrower May Convert And Is Automatically Qualified. Conversion Fee Applies
Funds are distributed from a Traditional IRA and converted to a Roth IRA. A conversion is a taxable event.
If the court believes the petitioner can pay all or a part of his bills it can deny a chapter 7 and convert to a chapter 13.
Conversion is the act of installing game "X" into an older game "Y," ofttimes destroying some of the components of game "X" in the process. Conversion refers to either an occurance of conversion or to the actual thing that was converted. Conversion often includes painting over original sideart, hacking control panels and wiring harnesses. Operators often converted older games when they fell in popularity.
Converting a site visitor into a customer. The most effective way of determining your website's success is your conversion ratio.
When one of your visitors makes a purchase on the merchant's site… i.e. converts from 'visitor' to 'buyer'.
Cases under the Code may be converted from one chapter to another chapter. For example; a Chapter 7 case may be converted to a case under Chapter 13 if the debtor is eligible for Chapter 13. Even though the chapter of the Code which governs it changes, it remains the same case as originally filed.
A Conversion or Convertible is the exchange of one type of security, such as a convertible bond, into another type, such as equity.
Rights allowing the holder of shares of stock or other financial instrument to convert to other shares of stock.
Conversion refers to site traffic that follows through on the goal of the site (such as buying a product on-line, filling out a contact form, registering for a newsletter, etc.). Webmasters measure conversion to judge the effectiveness (and ROI) of PPC and other advertising campaigns. Effective conversion tracking requires the use of some scripting/cookies to track visitors actions within a website. Log file analysis is not sufficient for this purpose. Return to Top of SEO Glossary
A term used to describe the change in usage of a building. A classic example is when an older, underutilized commercial space is converted into residential space. An owner of a building may do this in order to derive the best financial means from his/her property. A large commercial vacancy rate, a change in the make-up of a neighborhood, a tight residential market, or city tax incentives may lead an owner to alter the usage of a building. A second use of the term in the local market is when a rental building is converted to a co-operative type of ownership. This occurs when an individual or a company plays the role of a sponsor in the conversion process.
The right of a borrower to convert an adjustable or balloon loan in to a fixed loan.
changing chapters in bankruptcy (e.g., converting from Chapter 11 to Chapter 7 or vice-versa).
the bestowal of faith; the act of God by which he turns people from sin and unbelief to faith in Christ. The Holy Spirit works through the gospel in God's Word and the sacraments to convert sinners and preserve them in faith.
The action of conversion is a common law legal proceeding for damages by an owner of property against a defendant who came across the property and who, rather than return the property, converted that property to his own use or retained possession of the property or otherwise interfered with the property. The innocence of the defendant who took the property is not an issue. It is the conversion that gives rise to the cause of action. This common law action replaced the old action of trover by English law dated 1852. Compare with detinue.
The act of converting a web site visitor into a customer or at least taking that visitor a step closer to customer acquisition (such as convincing them to sign up for your e-mail newsletter) See also: ClickThrough Rate, Conversion Rate, Cost per Action, Cost per Click, Cost per Thousand, Impression, Landing Page
In computer imaging, to change a CMYK file to RGB, Photo YCC, or vice versa, or to convert one file format to another.
Taking property entrusted to you and converting it to your own use; a form of larceny.
The Conversion of Barns involves the conversion of old farming barns to commercial or residential use structures. Many older farm buildings are being converted for holiday use. This is partly due to modern farming practices making many of the older type buildings redundant.