Adjustment in Conversion Terms
- Adjustment in Conversion Terms
- A term used to describe the adjustment made to a convertible securities' conversion factor when the exchangeable stock underlying the convertible undergoes a split.
In some convertibles, an adjustment in conversion terms is a scheduled event. Otherwise, these adjustments are made in order to ensure that the holder of the convertible remains unaffected by any related changes.
For example, if a convertible security CBC has an exchange privilege of 1 common for $50, and the common share of CBC splits 2 for 1, then the exchange ratio will be adjusted to 1 common for $25.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Conversion therapy — Conversion therapy, sometimes called reparative therapy or reorientation therapy, is one type of sexual orientation change effort that attempts to change the sexual orientation of a person from homosexual or bisexual to heterosexual.[1] These… … Wikipedia
adjustment — Synonyms and related words: abatement of differences, about face, acclimation, acclimatization, accommodation, accord, accordance, accustoming, acquiescence, adaptation, adaption, adjusting, adjustive reaction, agreement, alignment, alteration,… … Moby Thesaurus
adjustment — n 1. adaptation, adaptedness, fit, fit tedness; accommodation, conformity, compliance, yieldingness, correspondence, agreement; alteration, modification, change, conversion, transformation, metamorphosis; fashioning, shaping, proportionment,… … A Note on the Style of the synonym finder
Glossary of contract bridge terms — These terms are used in Contract bridge[1][2] , or the earlier game Auction bridge, using duplicate or rubber scoring. Some of them are also used in Whist, Bid whist, and other trick taking games. This glossary supplements the Glossary of card… … Wikipedia
ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… … Encyclopedia of Judaism
mental disorder — Any illness with a psychological origin, manifested either in symptoms of emotional distress or in abnormal behaviour. Most mental disorders can be broadly classified as either psychoses or neuroses (see neurosis; psychosis). Psychoses (e.g.,… … Universalium
river — river1 riverless, adj. riverlike, adj. /riv euhr/, n. 1. a natural stream of water of fairly large size flowing in a definite course or channel or series of diverging and converging channels. 2. a similar stream of something other than water: a… … Universalium
Europe, history of — Introduction history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… … Universalium
France — /frans, frahns/; Fr. /frddahonns/, n. 1. Anatole /ann nann tawl /, (Jacques Anatole Thibault), 1844 1924, French novelist and essayist: Nobel prize 1921. 2. a republic in W Europe. 58,470,421; 212,736 sq. mi. (550,985 sq. km). Cap.: Paris. 3.… … Universalium
Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… … Universalium
